Indra, a Spanish technology and defense conglomerate, has announced an agreement to sell its strategic consulting subsidiary to Waterland Private Equity. The financial terms of the transaction have not been disclosed. This divestiture is part of Indra's broader strategy to streamline its operations and concentrate on its technology and defense divisions. The strategic consulting subsidiary will now operate under the ownership of Waterland, a firm known for its investments in various business sectors. The deal is subject to customary closing conditions.
Business · Divestiture
Indra Sells Strategic Consulting Arm to Waterland Private Equity
Spanish technology firm Indra has agreed to sell its strategic consulting subsidiary to Dutch private equity firm Waterland, marking a significant divestiture for the company.
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