About this deal
Altran continued to acquire innovation consultancies in other countries as part of its expansion strategy. In February 2015, it acquired Nspyre, a Dutch R&D and high-technology firm. [10] In July 2015, it bought SiConTech, an Indian engineering company specializing in semiconductors. [11]
The tender offer will be subject to an acceptance threshold set at 50.10% of the share capital and voting rights of Altran, on a fully diluted basis. [1]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) 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] The public offer launch is expected to take place after the information or consultation phase of the respective works councils, and after the customary regulatory approvals have been received, notably CFIUS in the United States and antitrust authorities. However, the Group reserves the right to launch the public offer before these regulatory approvals are received. 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 company also has an experienced and well-trained delivery-driven team of 520 employees, based in five design centers in Coimbatore and Pune. Beyond its integration with client engineering teams, Pricol Tech has developed a smart engineering ecosystem to provide value-added services, which will be added to Altran's existing expertise and know-how.Firm agreement to acquire shares representing 11% of Altran capital from a group of shareholders led by Apax Partners