Euriware : AREVA and Capgemini enter into exclusive negotiations

Thu Oct 17, 2013 12:06pm EDT

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Euriware : AREVA and Capgemini enter into exclusive negotiations

Paris, October 17, 2013

Engaged in the search for a strategic partner for its IT services subsidiary Euriware*, AREVA has decided to enter into exclusive negotiations with Capgemini for the acquisition of Euriware.  

The decision was announced to Euriware's employee representatives during a Central Works Council (CCE - Comité Central d'Entreprise) on Monday and to Areva's Supervisory Board today.

Capgemini's offer includes an industrial project addressing the economic and social interests of both parties, notably a commitment regarding employment and business sites.

By joining Capgemini, a global group with wide-ranging activities in the IT services sector, Euriware employees would benefit from an environment conducive to their professional development.

With the acquisition of Euriware, Capgemini would strengthen its long-term relationship with a major industrial group, while Areva would be able to rely on a strategic partner for the transformation of its IT and the development of its activities worldwide. A global long-term outsourcing and systems integration contract would be signed by the two parties as part of this transaction.

This acquisition would also enable Capgemini to strengthen its service offering in the area of industrial IT and its leadership in the energy sector, while acquiring scarce know-how in the nuclear industry.

The dialogue will continue with the representative bodies of both Euriware and Areva. Presentation and discussion meetings will be organized with Capgemini. The objective is to finalize an agreement by early 2014.

* Euriware, a French company created in 1991, is a wholly-owned subsidiary of the Areva group with which it generates the majority of its revenues. It also serves clients in the energy, industry and defense sectors. The company proposes a high value-added offering in outsourcing, industrial systems and information systems security, as well as systems integration.

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CONTACTS :

AREVA

Press: Julien Duperray - Jérôme Rosso +33 (1) 34 96 12 15 ; press@areva.com

Analysts and Investors:

Marie de Scorbiac +33 (1) 34 96 05 97;  marie.descorbiac@areva.com    
Philippine du Repaire : +33  (1) 34 96 11 51; philippine.durepaire@areva.com

CAPGEMINI

Press:

Christel Lerouge +33 (1) 47 54 50 76 - christel.lerouge@capgemini.com

Nicolas Atlan + 33 (1) 47 54 50 71 - nicolas.atlan@capgemini.com

Investors:

Walter Vejdovsky +33 (1) 47 54 50 87 -  walter.vejdovsky@capgemini.com

MORE ABOUT AREVA

AREVA supplies advanced technology solutions for power generation with less carbon. Its expertise and unwavering insistence on safety, security, transparency and ethics are setting the standard, and its responsible development is anchored in a process of continuous improvement.
Ranked first in the global nuclear power industry, AREVA's unique integrated offering to utilities covers every stage of the fuel cycle, nuclear reactor design and construction, and operating services. The group is actively developing its activities in renewable energies - wind, bioenergy, solar and energy storage - to become a European leader in this sector.
With these two major offers, AREVA's 46,000 employees are helping to supply ever safer, cleaner and more economical energy to the greatest number of people.

MORE ABOUT CAPGEMINI

With more than 125,000 people in 44 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2012 global revenues of EUR 10.3 billion. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business Experience(TM), and draws on Rightshore®, its worldwide delivery model.

For more information, visit www.capgemini.com




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