Business Chief EMEA Magazine December 2020

Page 87

DATE

APRIL 1 2020

08

Capgemini acquires 98% of Altran Technologies

As of April 1 2020, Capgemini acquired 98.15% of Altran Technologies, providing the company with 98.03% voting rights. With similar corporate cultures and operating models, the integra­ tion process of both companies provided the new group with greater capability to support industrial and technology companies in their digital transformation journey. “We are satisfied with the outcome of this friendly tender offer, whose success allows us to hold more than 98% of the share capital, giving us access to all the value creation levers. We would like to thank all the Altran shareholders who tendered their shares, thus validating the soundness of our strategy and the industrial project we are proposing,” commented Paul Hermelin, Chairman and Aiman Ezzat, Chief Executive Officer, Capgemini Group on the acquisition.

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