SAPA Placencia Holding, S.L. acquired an additional 3.21% stake in Indra Sistemas, S.A. from Corporación Financiera Alba, S.A. for €62.3 million.
June 02, 2022
Share
SAPA Placencia Holding, S.L. acquired an additional 3.21% stake in Indra Sistemas, S.A. (BME:IDR) from Corporación Financiera Alba, S.A. (BME:ALB) for €62.3 million on June 3, 2022. As per the transaction, SAPA Placencia Holding, S.L. will acquire 5.66 million shares at €11 per share. Post completion, SAPA Placencia Holding, S.L. holds 23.89% while Corporación Financiera Alba, S.A. has no stake in Indra Sistemas, S.A. SAPA Placencia Holding, S.L. will be able to appoint a new member on Indra's board of directors before the General Shareholders' Meeting scheduled for June 23
SAPA Placencia Holding, S.L. completed the acquisition of an additional 3.21% stake in Indra Sistemas, S.A. (BME:IDR) from Corporación Financiera Alba, S.A. (BME:ALB) on June 3, 2022.
Indra Sistemas, S.A. is the Spanish leader in designing, developing, manufacturing and marketing of information technology, defense, and simulation systems. The group's activity is organized around 2 areas:
- sales of systems: IT systems (systems for air traffic control and management, electronic payment control, surveillance, identification, vote counting, on-line training platforms, etc.), electronic defense equipment (radar, observation satellites, communication systems, instrument panels, etc.), automatic simulation and maintenance systems (fighter pilot training, diagnosis, and error detection systems.), etc.;
- services: consulting, maintenance, project management, etc.
Net sales are distributed geographically as follows: Spain (49.6%), Italy (5.8%), Europe (11.2%), Brazil (5.5%), Americas (14.1%) and Asia-Middle East-Africa (13.8%).
INDRA SISTEMAS, S.A. 
