M&A

Altran has announced today the closing of the acquisitions of both US companies Synapse and Lohika, signed in June and July 2016 respectively, so in a tight schedule over the summer period.

According to John Colley, a Professor of Practice at Warwick Business School who is an expert on mega mergers, the 75% vote requirement had to be lowered to 60% to ensure the deal was passed, an indication of how keen CEO Carsten Kengeter and the Deutsche Borse board are on doing the deal...

Ahold Delhaize celebrated its first trading day on Euronext. Following the successful merger of Ahold and Delhaize Group, Ahold Delhaize began trading on the Amsterdam and Brussels markets of Euronext. As of today, the company is part of the flagship indices of Euronext Amsterdam and Euronext Brussels; the AEX® and the BEL 20®.

Eurofins Scientific (EUFI.PA), the world leader in food testing supporting the entire food production chain, announces the acquisition of Agfirst Bay of Plenty, a leading fruit maturity testing laboratory in New Zealand.

The operation will grow Altran’s revenues in North America by more than 40 % by the end of 2016. It will also make the USA the second largest region for the Group on a revenue basis (proforma basis, combined with Cambridge Consultants and Synapse’s business in the United States).