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Altran Lab is made up of an incubator, an innovation hub and Altran Pr[i]me, created in 2004 and focused on innovation management. [31] [32] Altran Foundation for Innovation [ edit ] Paul Hermelin, Chairman and Chief Executive Officer of Capgemini, and Dominique Cerutti, Chairman and Chief Executive Officer of Altran, accompanied by Carole Ferrand, Chief Financial Officer of Capgemini, Thierry Delaporte and Aiman Ezzat, Capgemini Co-COOs, will comment on the combination project during a conference call in English today at 7:00 p.m. Paris time (CET). The deal, which is slated to close by the end of the year, is aimed at making Capgemini a leader in providing digital transformation services, or "intelligent industry," to customers, said Paul Hermelin, chairman and CEO of Paris-based Capgemini, in a prepared statement. In view of the progress made in the process of obtaining CFIUS (Committee on Foreign Investment in the United States) authorization in the United States, Capgemini decided, as it was entitled to do by the tender offer agreement, to file its tender offer before obtaining such authorization. The tender offer will not be subject to obtaining the CFIUS authorization. The company covers the entire project life-cycle, from the planning stages (technological monitoring, technical feasibility studies, strategy planning, etc.) to final realization (design, implementation, and testing.)

Capgemini has signed a definitive agreement to acquire an 11% stake in Altran from the concert formed around Apax Partners (comprising possible customary top-ups). Dominique Cerutti, Chairman and Chief Executive Officer of the Altran Group, added: “The proposed combination of Altran with Capgemini is perfectly aligned with the vision set out in our strategic plan. While technological disruptions and the digitalization of industries are accelerating, Altran has developed new service models and strengthened its leadership with a high value-added offer for its customers’ Engineering and R&D activities. In an industry that is consolidating rapidly there is no doubt that Capgemini is the ideal partner to build together a world leader in digital transformation. This transaction will create value for our customers, and is an outstanding opportunity to showcase the talent of our teams.” Two industry leaders join forces This requires the implementation of highly collaborative processes across the entire ecosystem and the centralisation of all data relating to customers, products and services, regardless of their origin or ownership: from marketing and styling to after-sales service via design, manufacture and distribution. The agreement sets out theAltran announces the acquisition of Pricol Technologies, an India-based engineering solutions provider enabling its global customers to take their products from simple concept to manufacturing. In 1998, Altran added four new Italian acquisitions, EKAR, RSI Sistemi, CCS and Pool. In 1999, the company added an office in Turin as well as two new companies, ASP and O&I.

Geographical breakdown of revenues: France (43.3%), Europe (51.6%) and other (5.1%). [28] Research and innovation [ edit ] Altran Research [ edit ]

 About Altran

In 2009, Altran launched its Altran Research program. The program is centered around three main themes: designing tools, research and proof-of-concepts, and research on how to organize and improve practices. [7] The closing of the tender offer, once open, will be subject to the receipt of the antitrust clearances from the European Commission and Morocco’s competition authority [6]. Capgemini reserves the right to waive such conditions. As previously announced, completion of the transaction is expected by the end of 2019. Capgemini announced on April 1st, 2020, that n ow holds 98% of Altran’s share capital will request the implementation of a squeeze-out procedure (completed on April 15) This milestone follows the signature of the memorandum of understanding on June 24, 2019, and the completion of the required information and consultation process of the works councils at Capgemini and Altran. The International works council of Capgemini issued its opinion on the transaction on July 16, 2019, and the Central works council of the UES and the European works council of Altran also each issued their opinion on the transaction on August 2, 2019 and on August 8, 2019, respectively.

This press release must not be published, broadcasted or distributed, directly or indirectly, in any country in which the distribution of this information is subject to legal restrictions. The tender offer will not be open to the public in jurisdictions in which its launch is subject to legal restrictions. The publication, broadcasting or distribution of this press release in certain countries may be subject to legal or regulatory restrictions. Therefore, persons located in countries where this press release is published, broadcasted or distributed must inform themselves about and comply with such restrictions. Capgemini and Altran Technologies disclaim any responsibility for any violation of such restrictions. About Capgemini Agreement whereby Capgemini is to acquire Altran via a cash offer at €14.00 per share [1], approved unanimously by the boards of directors of both companies

In November 2015, Dominique Cerutti announced his five-year strategic plan, "Altran 2020. Ignition." The plan aimed for the firm to reach 3 billion euros in revenue in five years and a big increase in profitability. [13] [14] Capgemini announced that it had filed the draft offer document with the French financial market authority AMF (Autorité des marchés financiers). As stated in Altran’s press release issued the same day, the report of the independent expert, Finexsi, appointed by the Board of Directors of Altran, has determined that the offer price is fair from a financial point of view for Altran’s shareholders. After reviewing such report, Altran’s Board of Directors issued a positive reasoned opinion (avis motivé) and determined that Capgemini’s friendly tender offer at a price of €14 per share is in the interests of Altran, its shareholders and its employees, and recommended that Altran’s shareholders tender their shares in the tender offer. Capgemini announced that it has received clearance from the Committee on Foreign Investment in the United States (CFIUS) for its proposed acquisition of Altran (Euronext Paris: ALT). On October 4, 2019

With both companies built on engineering talent and traditions, Capgemini and Altran have a very close corporate culture that will facilitate a smooth integration of their teams. The two groups also have very similar operating models with many operational indicators in common. In 2012, as part its Performance Plan 2012, PSA Peugeot Citroën chose Altran as its strategic partner. [8] Founded in 2006, Pricol Technologies is the engineering division of Pricol Group, and has been privately held by the promoters, family and employees of the group. The acquisition is expected to be completed in January 2017 and is subject to customary closing conditions.Expected accretion on normalized earnings per share [3] of over 15% before synergies in the 1 st year and over 25% post synergies in 2023 Discover Altran: World leader in engineering solutions and R&D". Altran United States . Retrieved 9 October 2019. Through its enhanced scale and broad services portfolio, the combined group will benefit from increased access to key decision-makers from key accounts in dynamic industries (such as Aerospace, Automotive, Life Sciences and Telecommunications) including R&D, manufacturing and supply chain CxOs.