REG - Cohort PLC - Completion of EM Solutions Acquisition

CohortAnnouncement

31/01/2025 07:00

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RNS Number : 4370V  Cohort PLC  31 January 2025

 One Waterside Drive

 Arlington Business Park

 Reading

 Berks

 RG7 4SW

 31 January 2025

 

COHORT PLC

("Cohort", "the Company" or "the Group")

 

Completion of EM Solutions Acquisition

 

 

 

Cohort plc (AIM: CHRT), the independent technology group, is pleased to
announce that, following the announcements on 21 November 2024 and 20 January
2025, the acquisition of the entire issued share capital of EM Solutions Pty
Ltd ("EM Solutions") has now completed.

 

EM Solutions is based in Brisbane, Australia. Its principal activity is the
design, assembly, test, and support of satellite on-the move terminals for
defence and government customers. It also provides high-end broadband radio
transceivers and other RF subsystems including low noise receivers and
solid-state high-power transmitters for defence and commercial customers.

EM Solutions will operate as the seventh stand-alone business within the
Group, reporting through the Communications and Intelligence Division

 

Andy Thomis, Cohort Chief Executive, said:

 

"We are delighted to welcome EM Solutions to the Cohort group. This is a
significant step for Cohort, broadening the Group's strong naval systems
service offering, bringing new customers and enhancing the global footprint of
the combined business. Together, we look forward to serving EM Solutions'
customers, current and future, in the years to come."

 

ENDS

 

 

For further information please contact:

 Cohort plc                                                                      0118 909 0390
 Andrew Thomis, Chief Executive
 Simon Walther, Finance Director
 Raquel McGrath, Company Secretary and General Counsel

 Investec Bank Plc (Financial Adviser, Nominated Adviser, and Corporate Broker)  020 7597 5970
 Christopher Baird, Carlton Nelson, Charlotte Young

 MHP                                                                             07817 458804
 Reg Hoare, Ollie Hoare, Hugo Harris                                             Cohort@mhpgroup.com (mailto:Cohort@mhpgroup.com)

 

NOTES TO EDITORS

Cohort plc (www.Cohortplc.com) is the parent company of seven innovative,
agile and responsive businesses based in the UK, Australia, Germany and
Portugal, providing a wide range of services and products for domestic and
export customers in defence and related markets.

Cohort (AIM: CHRT) was admitted to London's Alternative Investment Market in
March 2006. It has headquarters in Reading, Berkshire and employs in total
over 1,500 core staff there and at its other operating company sites across
the UK, Australia, Germany and Portugal.

The Group is split into two segments - Communications and Intelligence, and
Sensors and Effectors:

Communications and Intelligence

·     EID designs and manufactures advanced communications systems for
naval and military customers. Cohort acquired a majority stake in June
2016.  www.eid.pt

·     EM Solutions designs, assembles, tests, and supports satellite
communications on-the-move terminals for defence and government customers. It
also provides high-end broadband radio transceivers and other RF Subsystems
such as low noise receivers and solid-state high-power transmitters for
defence and commercial customers. Acquired by Cohort January 2025.
www.emsolutions.com.au

·    MASS is a specialist data technology company serving the defence and
security markets, focused on electronic warfare, digital services and training
support.  Acquired by Cohort in August 2006.  www.mass.co.uk

·      MCL designs, sources and supports advanced electronic and
surveillance technology for UK end users including the MOD and other
government agencies. MCL has been part of the Group since July
2014.  www.marlboroughcomms.com
(https://protect.checkpoint.com/v2/___http:/www.marlboroughcomms.com___.bXQtcHJvZC1jcC1ldXcyLTE6bmV4dDE1OmM6bzphYjZmYzUzYmU4MDRhZTQ4NDQwYjI0OGI2MmI1NWZjNTo2OmQ1Yjc6YzFmMzZmMzE5YWY0YzczYzlhNTE2ZTFkZWI1NzVkNTFiYzkwZTA5Y2MwMzgyZjMwOGJhNjVhYjYyNDhkNDVkYzpwOlQ6Tg)

 

Sensors and Effectors

·      Chess Dynamics offers surveillance, tracking and fire-control
systems to the defence and security markets. Chess has been part of the Group
since December 2018.  www.chess-dynamics.com

·    ELAC SONAR supplies advanced sonar systems and underwater
communications to global customers in the naval marketplace.  Acquired by
Cohort in December 2020.  www.elac-sonar.de

·   SEA delivers and supports technology-based products primarily for
naval defence customers alongside specialist research and training
services. Acquired by Cohort in October 2007.  www.sea.co.uk

 

 

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