ALTEN enters into exclusive negotiations with Atos for the acquisition of Worldgrid

ALTEN enters into exclusive negotiations with Atos for the acquisition of Worldgrid

ALTEN, worldwide leader in engineering and IT services, has entered into exclusive negotiations with Atos, a global leader in digital transformation, for the acquisition of Worldgrid.

Worldgrid is a European digital, specializing in Energy & Utilities solutions. Worldgrid would bring unique know-hows and skills to ALTEN in these sectors, mainly in France, Spain and Germany. With close to 1,100 employees, Worldgrid has developed strong and long-lasting relationships with their clients and would strengthen the offers of ALTEN, particularly in the Energy field, specifically in Nuclear activities.

The contemplated transaction would ensure the full continuity of service for Worldgrid’s strategic clients for long-term markets as well as offering strong development perspectives derived from the combination of ALTEN and Worldgrid.

The proposed transaction is subject to customary condition precedents and is expected to be completed by the end of 2024.

“Worldgrid is a unique company whose know-how and expertise are universally recognized. Its positioning would strengthen and complement ALTEN’s presence in the Energy and Utilities sector. Combining both businesses would reinforce our relationships with our strategic clients, especially in the Nuclear field, by offering a wide range of value added services”.

Simon Azoulay, Chairman and Chief Executive Officer of ALTEN

“We look forward to joining ALTEN delivering unique solutions to energy and utilities clients. Our combined strengths will position us as partner of choice for the implementation of business-critical systems for our clients”.

Emmanuel Besse, Global Head of Worldgrid

About Atos

Atos is a global leader in digital transformation with c. 94,000 employees and annual revenue of c. € 11 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea), and listed on Euronext Paris.
The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.