Bouvet

Regulatory Filings • Oct 7, 2014

Bouvet acquires Capgemini's regional office in Trondheim

Bouvet acquires Capgemini's regional office in Trondheim

Oslo, 7 October 2014 - Bouvet has entered into an

agreement with Capgemini Norge AS on taking over

Capgemini's regional office in Trondheim. The 40

staff at the latter will join Bouvet's northern

region.

As part of the deal, Bouvet will enter into

Capgemini's assignments in Trondheim to ensure a

seamless transition for the clients concerned. The

agreement is expected to come into force within a

couple of weeks.

"We're orienting ourselves towards bigger assignments

with an offshore component which are carried out in

India," explains Ola Furu, chief executive of

Capgemini Norge AS. "Our Trondheim office has a long

tradition of serving small and local clients. Selling

this part of the business is accordingly appropriate

in strategic terms. We've sought a good solution for

our Trondheim staff. Bouvet is very suitable in terms

of culture and expertise, so we're glad to have found

a positive outcome in collaboration with it."

Chief executive Sverre Hurum in Bouvet says the

takeover is in line with the company's regional

strategy. "We're building expertise in Scandinavia,

and give weight to understanding the language,

culture and business of our clients. That makes a

strong local presence important."

Bouvet's northern region serves clients in mid and

northern Norway, and its workforce has grown by 39

per cent over the past two years. Financial results

have also been good.

This acquisition will give Bouvet 100 employees based

in Trondheim, and makes it the largest IT and digital

communication consultant in mid and northern Norway.

Further information from

- Sverre Hurum, CEO, Bouvet ASA. Tel: +47 91 35 00

47. E-mail: sverre.hurum@bouvet.no

- Eirik Vefsnmo, regional director, Bouvet ASA. Tel:

+47 906 24 903. E-mail: eirik.vefsnmo@bouvet.no

Bouvet in brief

Bouvet ASA is a Scandinavian consultancy with 950

employees who deliver services in information

technology, digital communication and enterprise

management. The company is listed on the Oslo Stock

Exchange.