SDL PLC SDL completes acquisition (4079V)
July 23 2018 - 2:00AM
UK Regulatory
TIDMSDL
RNS Number : 4079V
SDL PLC
23 July 2018
SDL plc
Completion of Acquisition of Donnelley Language Solutions
23 July 2018, Maidenhead, U.K. - SDL plc ("SDL"), a leader in
global content management and language translation software and
services, is pleased to confirm that it has completed the
acquisition of the business and assets of Donnelley Language
Solutions, details of which were announced on 16 July 2018.
CEO, Adolfo Hernandez commented:
"The completion of this transaction represents a significant
milestone in the evolution of SDL, bringing together two
complementary companies to establish a leading player in content
and language solutions".
This not only accelerates our strategy but helps redefine our
offerings for premium industries such as financial services and
life sciences. We are delighted to move forward as one company,
starting an exciting new journey together, with a strong and shared
commitment to customer enablement and success across the content
supply chain. This creates a huge opportunity for employees,
customers, partners and investors."
For further information:
SDL plc 01628 410 100
Adolfo Hernandez, CEO
Xenia Walters, CFO
Investec Bank plc ("Investec") 0207 597 5970
David Flin
Neil Coleman
Nplus1 Singer Advisory LLP ("N+1 Singer") 020 7496 3000
Shaun Dobson
Ben Farrow
FTI Consulting 0203 727 1000
Edward Bridges
Kwaku Aning
Advisors to SDL on the Transaction
DLA Piper acted as legal advisor. PwC provided tax and financial
due diligence. Investec and N+1 Singer acted as joint brokers and
book-runners. Rothschild & Co acted as debt advisor to SDL to
secure its 5 year GBP70m revolving credit facility provided by
Lloyd's Bank and HSBC UK Bank.
About SDL
SDL (LSE: SDL) is the global leader in content creation,
translation and delivery. For over 25 years we've helped companies
communicate with confidence and deliver transformative business
results by enabling powerful experiences that engage customers
across multiple touchpoints worldwide. Are you in the know? Find
out why 85 of the top 100 global companies work with and trust us
on SDL.com. Follow us on Twitter, LinkedIn and Facebook.
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END
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