Indra strengthens its position as a global player in the Air Traffic Control market with the acquisition of Micro Nav and Global ATS from the Quadrant Group

Indra expands its leadership of the global Air Traffic Management (“ATM”) after its Board of Directors approved the acquisition of 100% of the share capital of the companies Micro Nav and Global ATS, from UK-based Quadrant Group. The transaction is subject to regulatory approvals.

The deal expands Indra's position in ATM by entering the training business segment and reinforcing its position in the United Kingdom, where it has been working for decades as a technology partner of the air navigation service provider, NATS. It also strengthens its leadership in ATM systems in the Middle East, as Micro Nav earns more than 50% of its sales in this region.

Micro Nav is a company specialised in simulation systems with the leading civilian and military air traffic controller training solution in the market. Its BEST (Beginning to End Simulation Training) system stands out for the ability to adapt to the needs of each client, offering combined tower and radar training, and the great realism of the 3D scenarios and immersive experience it offers.

Global ATS is the UK's leading controller training services company, providing services to many of the UK’s General Aviation, Regional and International airports. It also has a growing international presence in the Middle East, Asia and the CIS regions.

With the acquisition of both companies, Indra has strengthened its position in a growing market that continues to expand as the number of passengers and airports grows, leading air traffic management companies to invest more in training services to improve efficiency and enhance safety.

The investment also helps Indra progress in reaching the targets set out in its Leading the Future strategic plan, which was presented last March. This move comes a year after the company took over the UK company ParkAir, one of the world's leading suppliers of air traffic radios and opted to grow inorganically in the US market which has recently helped it secure win major contracts with the US air navigation service provider, the FAA.

Indra was advised by Clifford Chance (Legal) and KPMG (Due Diligence). Quadrant Group was advised by Cavendish Financial Plc (Corporate Finance) and Pinsent Masons (Legal).