|
One Waterside Drive
Arlington Business Park
Reading
Berks
RG7 4SW
31 January 2025
|
|
COHORT PLC
("Cohort", "the Company" or
"the Group")
Completion of EM Solutions
Acquisition
Cohort plc (AIM: CHRT), the
independent technology group, is pleased to announce that,
following the announcements on 21 November 2024 and 20 January
2025, the acquisition of the entire issued share capital of EM
Solutions Pty Ltd ("EM Solutions") has now completed.
EM Solutions is based in Brisbane,
Australia. Its principal activity is the design, assembly, test,
and support of satellite on-the move terminals for defence and
government customers. It also provides high-end broadband radio
transceivers and other RF subsystems including low noise receivers
and solid-state high-power transmitters for defence and commercial
customers.
EM Solutions will operate as the
seventh stand-alone business within the Group, reporting through
the Communications and Intelligence Division
Andy Thomis, Cohort Chief Executive,
said:
"We
are delighted to welcome EM Solutions to the Cohort
group. This is a significant step for Cohort, broadening the
Group's strong naval systems service offering, bringing new
customers and enhancing the global footprint of the combined
business. Together, we look forward to serving EM Solutions'
customers, current and future, in the years to
come."
ENDS
For
further information please contact:
|
Cohort plc
|
0118 909 0390
|
|
Andrew Thomis, Chief
Executive
|
|
|
Simon Walther, Finance
Director
|
|
|
Raquel McGrath, Company Secretary and
General Counsel
|
|
|
|
|
Investec Bank Plc (Financial Adviser,
Nominated Adviser, and Corporate Broker)
|
020 7597 5970
|
|
Christopher Baird, Carlton Nelson,
Charlotte Young
|
|
|
|
|
|
MHP
|
07817 458804
|
|
Reg Hoare, Ollie Hoare, Hugo
Harris
|
Cohort@mhpgroup.com
|
NOTES TO EDITORS
Cohort plc (www.Cohortplc.com) is the parent
company of seven innovative, agile and responsive businesses based
in the UK, Australia, Germany and Portugal, providing a wide range
of services and products for domestic and export customers in
defence and related markets.
Cohort (AIM: CHRT) was admitted to London's
Alternative Investment Market in March 2006. It has headquarters in
Reading, Berkshire and employs in total over 1,500 core staff there
and at its other operating company sites across the UK, Australia,
Germany and Portugal.
The Group is split into two segments
- Communications and Intelligence, and Sensors and
Effectors:
Communications and Intelligence
· EID
designs and manufactures advanced communications systems for naval
and military customers. Cohort acquired a majority stake in June
2016. www.eid.pt
· EM
Solutions designs, assembles, tests, and supports satellite
communications on-the-move terminals for defence and government
customers. It also provides high-end broadband radio transceivers
and other RF Subsystems such as low noise receivers and solid-state
high-power transmitters for defence and commercial customers.
Acquired by Cohort January 2025. www.emsolutions.com.au
· MASS is a
specialist data technology company serving the defence and security
markets, focused on electronic warfare, digital services and
training support. Acquired by Cohort in August
2006. www.mass.co.uk
· MCL
designs, sources and supports advanced electronic and surveillance
technology for UK end users including the MOD and other government
agencies. MCL has been part of the Group since July
2014. www.marlboroughcomms.com
Sensors and Effectors
· Chess
Dynamics offers surveillance, tracking and fire-control systems to
the defence and security markets. Chess has been part of the Group
since December 2018. www.chess-dynamics.com
· ELAC SONAR
supplies advanced sonar systems and underwater communications to
global customers in the naval marketplace. Acquired by Cohort
in December 2020. www.elac-sonar.de
· SEA delivers and
supports technology-based products primarily for naval defence
customers alongside specialist research and training
services. Acquired by Cohort in October
2007. www.sea.co.uk
