LSE Space Engineering & Operations AG has recently completed the acquisition of the Dutch company Aurora Technology B.V., based in Lisse, Netherlands. Aurora primarily provides space science and engineering services to ESA at ESTEC (Netherlands) and also at ESAC (Spain).
Tony Lancaster, Managing Director of LSE, stated: "We are very much looking forward to developing the cooperation we have had with Aurora for some time now. For LSE, the acquisition strengthens our team in Holland and extends our presence to Spain. The additional skills coming from Aurora will benefit our activities in Germany and the Middle East. Together we are a team of 150 highly skilled engineers and scientists focused on the space services market and we are ready to meet the challenges".
Keystone Advisers acted as advisor to Swedish Space Corporation in the transaction.
Keystone Advisers is a fully independent Corporate Finance firm offering advice related to mergers and acquisitions (M&A), divestitures, as well as various financing arrangements. The firm has advised on approximately 140 transactions to a variety of different clients in a number of sectors since the inception in 2000. Keystone Advisers is a Partner owned firm and where the founders have experience from Investment Banking and Management Consulting from some of the largest global institutions. We are a team of 12 Corporate Finance professionals at the Stockholm office and in addition we have an own organization in the Baltic countries. Keystone Advisers aims to be the leading mid-market M&A advisory firm in the Swedish market.