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Clifford Chance advises on FMC GlobalSat's acquisition of Santander Teleport

10 November 2021

Clifford Chance advises on FMC GlobalSat's acquisition of Santander Teleport

Clifford Chance has advised on FMC GlobalSat's acquisition of 100% of Santander Teleport, a World Teleport Association award-winning independent Spanish teleport operator in the Cantabria region. FMC GlobalSat Holdings Inc is a global provider of satellite and wireless connectivity solutions headquartered in Florida. This acquisition (subject to customary closing conditions) from the ERZIA group, which founded Santander Teleport in 2010, will solidify FMC's position in the provision of connectivity solutions and increase its presence in Europe, Africa and the Middle East.

The Clifford Chance team advising FMC GlobalSat in the due diligence, purchase and authorisation process is led by corporate partner Guillermo Guardia, supported by associates José María Vilaseca, Cristina González, María Viñas and Estel Casas. Additionally, counsel Carme Briera advises on regulatory issues.

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