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Delta Drone SA

01/03/2018 | Press release | Distributed by Public on 01/03/2018 11:10

Delta Drone strengthens its position in Africa and now wholly owns Delta Drone Africa

Delta Drone announces its acquisition on 29 December 2017 of all the shares in its subsidiary Delta Drone Africa, in which it has previously held 50.1% of the shares. The purchase of the remaining shares was paid for in Delta Drone shares, issued to Australe Représentation, which was the original shareholder of Delta Drone Africa.

The Group's presence in southern Africa is now represented by a head company and two operating companies as follows:

  • Delta Drone South Africa is responsible for coordinating the subsidiaries' activities within the area;
  • Rocketmine is in charge of development in the mining sector;
  • Delta Drone Africa is responsible for developing the Group's other target sectors, in particular, agriculture, industrial inspections and safety & security.

Delta Drone South Africa is now led by Chris Clark, General Manager, who will also remain responsible for Rocketmine and worldwide brand development in the mining sector. Vincent Cadène, who is in charge of Delta Drone's international development and the coordinator of the partnership with Bureau Veritas Afrique, has been appointed to Delta Drone South Africa's Board of Directors.

Concerning this transaction, Christian Viguié, CEO of Delta Drone, said, 'In view of the enormous potential the African market represents, Delta Drone is continuing to structure its organization. In the north, we have Delta Drone Maroc, at the gateway to the continent, close to France and Europe. In the west, our partnership with Bureau Veritas Afrique gives us access to 13 countries located around the Gulf of Guinea and we already have a base in Ghana with our subsidiary Rocketmine Ghana. In the south, we are now the leading company in the sector of civilian drones for professional use.'

About Delta Drone: The Delta Drone Group is a renowned player in the field of civilian drones for professional use. It offers a complete service, from data acquisition to data processing through a specifically developed information system, including a supply of professional pilots. Delta Drone is currently present on three continents (Europe, North America, Africa) via subsidiaries.

Delta Drone is listed on Euronext Growth Paris. ISIN code: FR0011522168.

4 166 666 BSA are also listed on Euronext Growth Paris. ISIN code: FR001329977.

www.deltadrone.com

Contact Delta Drone :

Jérôme Gacoin

01 75 77 54 65

[email protected]

Download the January 3rd, 2018 press release