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Feb 19, 2015

Nspyre joins Altran

Philip van Blanken, Chief Executive Officer Nspyre:

"Altran and Nspyre have a perfect strategic fit and share the passion of making a difference through technology. Becoming part of the Altran group was the next major step necessary for our company’s development; it expands our client portfolio, boosts our research and development capabilities, gives us international access and solidifies our position with our customers. We are very excited about the future and look forward to writing the next chapters of our company’s development as part of a larger organisation".

Pascal Laffineur, Chief Executive Officer Altran Benelux:

"After the integration of TASS in 2014, the acquisition of Nspyre is in line with the Group’s strategic objectives and will reinforce the Altran Intelligent Systems and Lifecycle Experience solutions. With a current workforce of 1,800 employees in the Benelux countries (of which 1,000 in the Netherlands), Altran Benelux becomes the leading innovation and high-technology engineering consulting company in this region."

About Nspyre

Nspyre was founded in 2008 out of the merger between the technical automation divisions of Ordina and Atos Origin. Gilde Equity Management (GEM) Benelux, together with management, created Nspyre and embarked on an ambitious growth strategy. Through sustained investment in technology development and talent recruitment, the company has established leading positions in the Netherlands in the fields of innovation, R&D, highly complex business-critical systems and engineering. Nspyre offers a strong set of skills with eleven specialised technology units spanning the entire development process from consultancy and project management, to development, engineering, testing and implementation. The company boasts a solid portfolio of Dutch, blue-chip clients, and generated revenues of €64 million in 2014.

About Altran

As global leader in innovation and high-tech engineering consulting, Altran accompanies its clients in the creation and development of their new products and services. Altran Innovation Makers have been providing services for thirty years to key players in the Aerospace, Automotive, Energy, Railways, Finance, Healthcare and Telecoms sectors. Covering every stage of project development from strategic planning to manufacturing, Altran solutions capitalise on the Group’s technological know-how in five key areas: Innovative Product Development, Intelligent Systems, Lifecycle Experience, Mechanical Engineering, and Information Systems. In 2014, the Group generated revenues of €1.756 billion. Altran now has a staff of around 23,000 employees in more than 20 countries. The Benelux entity has established itself as the most global innovation partner in the region. In 2014, its revenue reached €97.8 million.

Official press release: http://www.altran.com/PR_ALT_16022015_Nspyre_acquisition.pdf

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