M&A Activity • Nov 22, 2013
M&A Activity
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Press release Paris, November 22, 2013
ALTEN pursues its development and acquires an international technology consultancy firm.
Alten has entered into an agreement for the acquisition of a global consultancy firm with business mainly located within United States and Europe.
With a 2013 revenue forecast of about 42 million EURO and a total workforce of 350 employees, this firm is active in the fields of Automotive, Energy and Telecoms.
The transaction should be finalized by the end of 2013 and shall be included in 2014 Alten's financials.
As the European Leader in Technology Consulting and Engineering, ALTEN carries out design and research projects for the technical and IT divisions of major clients in industry, telecoms and services. ALTEN's stock is listed on 'Compartiment B' of the Euronext Paris stock exchange (ISIN FR0000071946). It is part of the SBF 120, the IT CAC 50 and MIDCAP 100 indexes and is eligible for the SRD.
Technology Consulting and Engineering For more information: www.alten.fr
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