Rohde & Schwarz sold Professional Mobile Radio GmbH to Hytera

We advised Rhode & Schwarz

HSCie Customer

Rohde & Schwarz GmbH & Co. KG, Munich, Germany
Rohde & Schwarz is an independent group of companies specializing in electronics. It is a leading supplier of solutions in the fields of test and measurement, broadcasting, radiomonitoring and radiolocation as well as secure communications. Established more than 75 years ago, Rohde & Schwarz has a global presence and a dedicated service network in over 70 countries. It has approx. 8,400 employees and achieved a net revenue of € 1.6 billion in fiscal year 2010/2011 (July to June).
www.rohde-schwarz.com

Transaction Object

Rohde & Schwarz Professional Mobile Radio GmbH, Bad Muender, Germany
Rohde & Schwarz Professional Mobile Radio GmbH is specializing in professional mobile radio systems. The company develops and implements professional mobile radio systems and applications in accordance with the international TETRA standard for industry and public safety organizations. Rohde & Schwarz Professional Mobile Radio GmbH has already supplied TETRA networks to more than 40 countries – for example for the Panama Canal Authority’s radio network and the national security network of the Malaysian government authorities.

Buyer

HYTERA Communications Co. Ltd., Shenzhen, P.R.C.
HYTERA Communications Co., Ltd., founded in 1993, a publicly listed company at the Shenzhen Stock Exchange (China), is the largest professional mobile radio equipment and solution provider of China. Dedicated to developing, manufacturing and marketing of PMR products from analog to digital, from conventional to trunking, from portable & mobile terminal to system equipment, HYTERA offers complete communication solutions to governments, public security, utility, transportation, enterprise & business for higher efficiency of organizational operation, task dispatching and critical missions.

Transaction/Task

As of 9 March 2012 Rohde & Schwarz GmbH & Co. KG has sold its subsidiary Rohde & Schwarz Professional Mobile Radio GmbH to HYTERA Communications Co.Ltd. Hübner Schlösser & Cie advised Rohde & Schwarz in the entire transaction process. This includes research, approach of potential investors, due diligence examinations and conducting negotiations with the vendors.

Year: 2012
Transaction value: Not published
Industry: TMT/IT/Internet
Business field: Mergers & Acquisitions

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