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Global Invacom licks its chops as its peers retire

Satellite equipment maker prices London IPO at 19.75p

Published Thu, Jun 26, 2014 · 10:00 PM
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ELDERLY satellite entrepreneurs of the world: Global Invacom Group might have a retirement package for you.

The ground-based satellite equipment specialist is embarking on an acquisition campaign to capture its industry's demographic quirk, and is in the final stages of securing a secondary listing in London to fill its war chest.

In essence, the pioneers who started businesses in making broadcast-satellite components and services are no longer young, said Global Invacom chief executive Tony Taylor, 51.

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