The Capgemini Group strengthens its position as a leader in engineering, R&D and professional services outsourcing with the acquisition of Altran Technologies. An amicable acquisition, with the unanimous approval of the Boards of Directors of both companies.
It is a French consultancy firm and a leading global provider of consulting, technology and outsourcing services. This operation allows it to create an IT engineering giant in order to capitalise on the growing market for engineering outsourcing services.
For more information about the firm, please see one of our previous posts.
The operation has been closed in 3.600 M€ and includes the assumption of 1.400 M€resulting in a total operation of some 5.000 M€. The company believes that this acquisition is perfectly aligned with the vision set out in its strategic plan.
The combination of Capgemini and Altran Technologies will create a group with revenues of €17bn and more than 250,000 employees. In addition, with annual growth forecast at around 9% in engineering and R&D services, the new entity will position itself as the world's leading player in this sector, with a strong presence in the United States and Europe.
With more than 36 company purchases over the last two decades, the French company has always been very active in its corporate operations. Always with the intention of strengthening its different business lines, some of its most relevant acquisitions have been:
For more details on these corporate operations, please refer to one of our older posts.