NOS announced today that it has reached an agreement to purchase the entire technology company Claranet Portugal, for a value of 152 million euros.
In , the telecommunications group says “NOS and the Claranet group today signed an agreement for the acquisition, by NOS, of 100% of the share capital of Claranet Portugal, for the value of 152 million euros“.
A Claranet is present in the Portuguese market since 2005 and “has established itself as a leading company in technological services”.
In fiscal 2024, Claranet’s total revenues “reached 205 million euros, driven by the robust and continued growth of its services business, with EBITDA [resultado antes de impostos, juros, depreciações e amortizações] reached 15.4 million euros”.
The purchase of Claranet Portugal “will allow NOS to increasingly assert itself as the national company of reference in the communications and information technology segments, expanding its capabilities in a fast-growing sector and reinforcing its value proposition in business areas such as ‘cloud’, ‘workplace’, cybersecurity and ‘data & AI’, among others”.
“The agreement signed today with Claranet reinforces our objective of leadership in ICT services in Portugal. NOS has enjoyed great growth in the information technology services segments, which this acquisition accelerates”, states the executive president (CEO) of NOS, Miguel Almeidacited in a statement.
“By aggregating Claranet’s skills, experience and assets, we reinforce ambition to provide innovative solutionswhich respond to the needs of Portuguese companies, institutions and organizations, and drive the technological transformation of the economy and digital society”, and “with this step, we strengthen our position as the trusted technological partner for companies and institutions in Portugal”, concludes the CEO.
Claranet Portugal has more than 900 employees and “will continue to operate autonomously, preserving its identity, management, teams and solid customer base, factors that have driven its success over the last 10 years.”
The conclusion of this agreement “is subject to non-opposition by the Competition Authority”, says NOS.
