Atos announces that it has entered into exclusive negotiations with Alten for the sale of its Worldgrid business for a binding enterprise value of 270 million euros.

Worldgrid provides consulting and engineering services to companies in the energy and utilities sector. The company currently employs around 1,100 people and in 2023 generated sales of around €170 million with a diverse and historic customer portfolio.

The proposed transaction would ensure full continuity of service for Worldgrid's strategic customers and employees.

Emmanuel Besse, Head of the Worldgrid business, said: 'We look forward to joining Alten to provide unique solutions to customers in the energy and utilities sector. Our combined strengths will position us as a partner of choice for the implementation of critical systems for our customers'.

Copyright (c) 2024 CercleFinance.com. All rights reserved.