On January 22, 2024, Xeos Technologies Inc. (“Xeos”), a Canadian marine technologies company which specializes in oceanic asset tracking, announced its completion of an acquisition by Satlink, a private-equity backed Spanish marine telecommunications company. The terms of the acquisition were not disclosed.
The transaction will allow Xeos to expand its presence internationally and amplify its current product portfolio.
Fasken advised Xeos Technologies Inc. with a team comprised of Will Shaw, Chris Dittrich, and Veronique Poulin.
Jurisdiction
- Nova Scotia