Latour Capital buys GTD's space and defence unit, rebranded Celeres
What's the deal? France's Latour CapitalDealroom has a profile for this one. Try Dealroom → has acquired GTD Space & SecurityDealroom has a profile for this one. Try Dealroom →, the critical-systems arm of Spanish group GTDDealroom has a profile for this one. Try Dealroom →, in a cross-border deal between France and Spain. Terms were undisclosed. You Are CapitalDealroom has a profile for this one. Try Dealroom → acted as co-financial adviser to GTD.
What does the target do? GTD Space & Security has nearly 40 years of experience building mission-critical systems for the space, defence, and critical-infrastructure sectors. Following the deal, it starts a new chapter under the name CeleresDealroom has a profile for this one. Try Dealroom →.
What's the endgame? Backed by Latour Capital, GTD, and the management team, Celeres plans to accelerate its growth and acquisition strategy across Europe. The goal is to widen its presence and reinforce Europe's technological and industrial sovereignty.
The signal: The transaction lands in a strategic sector for Europe, closely tied to the continent's push for tech and industrial independence — a theme drawing rising capital into defence and space assets.
Read more: capital-riesgo.es
Image credit: NASA Goddard Photo and Video
