Capgemini will Acquire Altran Technologies For $4.1 billion
Paris and Neuilly-sur-Seine, June 24, 2019 – World's leading IT consulting company Capgemini have entered into an agreement whereby Capgemini is to acquire Altran for $4.1 billion (€3.6 billion) excluding net financial debt of €1.4 billion
The acquisition is approved by the Boards of Directors of Capgemini and Altran. Capgemini has also acquire 11% shares of Altran capital from a group of shareholders led by Apax Partners.
Paul Hermelin, Chairman and Chief Executive Officer of the Capgemini Group, said, “This proposed combination enables Capgemini to take the lead in a very promising market segment what we call ‘Intelligent Industry’ or the digital transformation of industrial and tech companies. By joining forces, we are positioning ourselves as a clear strategic partner to assist ...