Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Vaisala acquires French wind measuring company Leosphere SAS
October 4, 2018

Vaisala strengthens its position in remote wind sensing by acquiring Leosphere SAS. Vaisala acquires all the shares in Leosphere SAS, a French company specializing in developing, manufacturing and servicing turnkey wind lidar (light detection and ranging) instruments for wind energy, aviation, meteorology, and air quality for a purchase price (cash and debt free) of EUR 38m. Leosphere's net sales in 2017 amounted to EUR 27 million and its EBIT reached double-digit level.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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