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Altamir and Telemar

Apax Partners has completed the acquisition of Telemar Group. Through its ownership of both Marlink and Telemar, Apax Partners will create a new Maritime Group dedicated to providing the maritime industry with an integrated offering of broadband communications, digital solutions, bridge electronics and on-board maintenance. The acquisition follows the August 2016 announcement of Apax Partners’ intention to purchase 100% of the shares in Telemar Group, and subsequent completion of all regulatory approvals. The new Apax Partners Maritime Group will be led by Erik Ceuppens as CEO of both Marlink and Telemar. Bruno Musella, Telemar CEO, will take up the position of Telemar Chairman in the new configuration.