STOCKHOLM, Sweden, 6 Mar 2006. The Boeing Company has signed an agreement to acquire 100 percent of Carmen Systems AB. Carmen Systems supplies the global transportation industry, particularly airlines and railways, with resource optimization software and services. Carmen Systems will broaden Boeing's commercial operations services through its Jeppesen companies.
The acquisition increases Jeppesen's ability to help its customers effectively manage their operating costs. Through this potential acquisition, Jeppesen will be able to strengthen its offering in the airline, railway, logistics, and marine segments.
The completion of the transaction is subject to customary conditions and the relevant authorities' approval. The companies will not be disclosing the terms of the transaction. SEB Enskilda served as financial advisor and Gernandt & Danielsson served as legal advisors to InnovationsKapital and the other shareholders as well as to Carmen Systems in the transaction.