Business Chief Europe Magazine December 2020 | Page 87

DATE

APRIL 1 2020

08

Capgemini acquires 98 % of Altran Technologies

87
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 integration 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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