OREANDA-NEWS. November 05, 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 - Comite Central d'Entreprise) on Monday and to AREVA’s Supervisory Board.

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.