Transaction

ESG sells AC&S Spain and the ILS business of AC&S Germany to Alterup - Studec Group

Transaction

ESG sold AC&S to Studec SAS

Sell-side

Undisclosed

Role

Adviser to ESG on its sale of AC&S to Studec SAS

Sector

Industrial & Chemicals

Region

Spain

ESG is a provider of engineering services, mainly in electronics for the aerospace, automotive and defence industries, with a turnover of more than €250m. Its shareholders include Airbus Defence and Space, Rohde-Schwarz, Thales and Northrop Grumman Litef. ESG owned AC&S, a training solutions and technical documentation services division focused on the aerospace sector with presence in Spain and Germany.

ALTERUP - STUDEC Group is a French group dedicated to offering engineering services, training solutions and technical documentation services for the aerospace and defence sector.

Clearwater advised ESG on every phase of the sales process.

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Advisers

Transactions