Synergie SE

M&A Activity • Nov 12, 2019

PRESS RELEASE | 12 November 2019, 5.45pm

Mr Daniel AUGEREAU Chairman of the Executive Board

SYNERGIE ACQUIRES THE DIGITAL SERVICES GROUP TIGLOO IN SPAIN

SYNERGIE has acquired 100% of the capital of TIGLOO through its subsidiary DCS EASYWARE, a French digital services firm based in Lyon, in which SYNERGIE acquired a majority stake in June 2018.

Founded in Pamplona in 1985, TIGLOO mainly operates in Navarra and the Basque Country, and has recently expanded to the Madrid region; therefore, geographically it perfectly complements the DCS EASYWARE group, which is already present in Catalonia.

TIGLOO expects turnover in the region of €16 million in 2019 from around 500 clients. It employs approximately 150 people with a diverse range of qualifications and expertise.

With this acquisition, the digital solutions proposed by TIGLOO for intermediarysized companies will help to broaden DCS EASYWARE's offering and bring its annual turnover to roughly €65 million.

This acquisition confirms SYNERGIE's positioning on a growth market and rounds off its traditional activities, in line with its main counterparts, by bolstering its digital services offering.

NEXT EVENT

Publication of 2019 full-year turnover on Wednesday, 29 January 2020 after the stock market closes.

ISSUED CAPITAL: 121 810 000 € - EURONEXT PARIS COMPARTIMENT B ISIN FR0000032658 - TRADING SYMBOL: SDG - REUTERS: SDGI.PA - BLOOMBERG: SDG:FP CONTACT : SYNERGIE Finance Department - Yvon Drouet - Tel. +33(0)1 44 14 90 20 - yvon.drouet@synergie.fr

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