Taylor Wessing advised Bremen-based aerospace company OHB SE on the acquisition of GEOSYSTEMS GmbH, one of the leading companies for the evaluation and processing of sensor data from earth observation satellites. The transaction was signed and closed on 14 February 2022. OHB was legally advised by M&A specialists Robert Wethmar, Amir-Said Ghassabeh and Sven-Alexander Bolay.
With this acquisition, the OHB Group is adding an important skill to its OHB DIGITAL business unit in the development of the promising satellite data value chain.
About OHB SE
OHB SE is Germany's first listed space and technology group. Its many years of experience in high technology as well as the bundling of space and telematics skills make the OHB Group to one of the most important independent companies in the European space and high-tech industry. The OHB Group's turnover in the 2020 financial year amounted to around 880 million euros.
Further information about OHB can be found under: www.ohb.de/en/corporate
About GEOSYSTEMS GmbH
GEOSYSTEMS GmbH has over 30 years of experience in supporting companies and institutions in the use of geo data and building powerful GEO-IT solutions. Their expertise is mainly in the fields of agriculture, energy, security, telecommunication as well as the refinement of sensor data for public authorities.
Further information about GEOSYSTEMS can be found under: www.geosystems.de/en/why-choose-us/why-choose-us
Legal advisors OHB SE
Taylor Wessing Germany: Robert Wethmar, LL.M. (Partner), Dr. Amir-Said Ghassabeh (Salary Partner) and Sven-Alexander Bolay (Senior Associate), all Corporate Law, all Hamburg
