Van Campen Liem advised Eurazeo and Orolia in connection with the acquisition of NetWave Systems

Van Campen Liem has advised Eurazeo and Orolia on the acquisition of 100% of the shares in NetWave Systems.

NetWave Systems has been the original manufacturer of the Voyage Data Recorder (VDR) and Simplified-Voyage Data Recorder (S-VDR) NW-4000 Series since 2006 and is a major supplier of both ‘third party branded’ VDR Systems as well as stand-alone FRM (fi­nal recording medium) Capsules to renowned OEM customers. As a marine IT and electronics development and manufacturing company, NetWave sources from production locations throughout Europe, ISO 9001:2008 certifi­ed and audited by the German Noti­fied Body BSH (‘Wheelmark’) which has audited and approved NetWave’s operations regularly. In May 2011, NetWave acquired the Voyage Data Recorder division of Rutter Inc., Canada and hence became the world’s leading supplier of Voyage Data Recorder (VDR) and S-VDR solutions.

Orolia is the world leader in resilient positioning, navigation and timing (PNT) solutions that improve the reliability, performance and safety of customers’ critical, remote or high-risk operations. Through its leading Kannad, McMurdo, Sarbe, Spectracom and Spectratime brands, Orolia has more than 400 employees and sales presence in over 100 countries worldwide. Leading organizations including Airbus, NASA, Thales and Raytheon rely on Orolia for fail-safe GNSS and PNT products and solutions for their mission critical needs. Founded in 2006, Orolia has a global presence with offices in China, France, Russia, Switzerland, Singapore, India, the U.K. and the U.S.A.

The Van Campen Liem team consisted of Marcello Distaso, Sophie de Mandt, Assia Guillevin and Ruby Vinkesteijn.