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EM Solution’s leadership team will remain in place after being acquired by independent technology group Cohort plc.
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The Australian satellite developer will reportedly continue to be led by John Logan and Georgios Makris, as Cohort reinforces the company with additional research, market insights and client relationships alongside support from locally appointed Non-Executive Directors.
Cohort plc has strengthened its naval defence sector offer with the acquisition of EM Solutions, a producer of high-end satellite communication terminals for global navy and defence customers.
"The proposed acquisition of EM Solutions aligns with our strategy to accelerate growth by making targeted acquisitions in the UK and overseas. Australia is an increasingly important strategic region, reflecting the increased security challenges in Southeast Asia and the Indo Pacific, and the creation of the AUKUS alliance," according to Andrew Thomis, CEO of Cohort plc.
"EM Solutions provides access to the fast-growing satellite communications market, further broadening the Group’s strong existing naval systems service offering, whilst bringing new customers and enhancing our position in the UK, NATO Europe, Asia and South America.
"This is our largest acquisition to date, representing Cohort’s seventh standalone business. We are looking forward to welcoming the EM Solutions team to Cohort and working together to realise the multiple growth opportunities that this transaction affords."
EM Solutions is an Australian-based technology developer for innovative microwave and on-the-move radio and satellite products that help deliver high speed telecommunications anywhere in the world.
As part of Cohort’s ambitious growth strategy, the EM Solutions acquisition will reinforce the Group’s market position in Australasia.
By adding EM Solutions capabilities to the Group’s product portfolio, Cohort plc will enhance its Communications and Intelligence division and diversify into the growing satellite communications market.
The acquisition of EM Solutions follows a period of accelerated growth for Cohort plc which has reported strong performances in revenue, adjusted operating profit, order intake and net funds in the 2024 financial year. Following contract wins of over £120m since the start of FY2025, the order book on 30 September 2024 stood at over £559m.
