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Econocom Group SE — M&A Activity 2015
Feb 9, 2015
3943_iss_2015-02-09_2475f9a8-c84a-46dd-86db-42fec940e443.pdf
M&A Activity
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REGULATED INFORMATION 09 February 2015
Econocom strengthens its critical infrastructure consulting business by joining forces with Hélis
Econocom, a European company specialising in the digital transformation of businesses, has acquired a 45% stake in Hélis, a French company providing critical infrastructure and network consulting and engineering. Hélis currently posts revenue of over €8 million.
Xavier de la Chapelle, Chairman and founder of Hélis, said: "Eleven years after our inception, this alliance with Econocom will bring us a new lease of life and is a genuine opportunity for growth and for diversifying our offerings for European corporate accounts. I was impressed by Econocom's entrepreneurial drive and its ambition to become a leading player in the current digital revolution."
This transaction is perfectly in line with Econocom's strategy to strengthen its positioning in high-potential markets and added-value services.
Bruno Grossi, Executive Director at Econocom, added: "With the arrival of Hélis, we will consolidate our current efforts to build a high-end alternative to the traditional infrastructure and network consulting providers. Our clients appreciate our ability to assist companies from the very outset of their digital projects. We will speed up the development of the Hélis company and brand, in France and the other main countries Econocom currently operates in."
About Econocom
Econocom designs, finances and oversees companies' digital transformation. With over 8,000 employees in 20 countries and revenue in excess of €2 billion, Econocom has all the requisite abilities to ensure the successful implementation of large-scale digital projects: consulting, sourcing and technology management & financing of digital assets, infrastructure, application and business solution services, and project financing.
The Econocom Group share (BE0974266950 - ECONB) has been listed on the Euronext NYSE in Brussels since 1986 and is part of the BelMid index.
For further information: www.econocom.com Follow us on Twitter: https://twitter.com/econocom Investor and shareholder relations: [email protected] PR contact: [email protected]