Edmond De Rothschild Corporate Finance ha offerto consulenza a GFI Informatique nell'ambito dell'acquisizione di una partecipazione di maggioranza da parte di Mannai Corporation (Qatar)

Fusioni e acquisizioni - 23/11/2015

Il progetto di acquisizione di GFI si iscrive nella strategia di crescita di Mannai, che si basa su una diversificazione dei ricavi a livello internazionale. Le sue attività nel settore dei servizi informatici in Qatar, India e Turchia rappresentano delle risorse complementari per l'espansione di GFI Informatique in questi mercati. (Click for the English version)

GFI Informatique (listed on Euronext Paris) is a major player in value-added IT services and software in Europe. With its multi-specialist profile, the firm serves clients with a unique combination of local presence, sector organization and world-class quality solutions. Based in France and backed by close to 11,000 employees, GFI posted 2014 revenues of €804 million.

Mannai Corporation, headquartered in Doha (Qatar), is a diversified group present in information technology, telecommunications, automobile distribution, jewellery retailing and in various activities in services. Mannai employs 6100 people and had 2014 revenues of €1.5 billion. Mannai's shares are listed on the Qatar stock exchange with a market capitalization of US$ 1.2 billion.

The projected acquisition of 51% of GFI's share capital fits perfectly into Mannai's growth strategy which is based on international revenue diversification. Mannai's IT operations in Qatar, India and Turkey provide a complementary platform for GFI's expansion into these markets. Being a long-term shareholder, Mannai aims to accelerate GFI's growth and international expansion strategy. The projected acquisition of 51% of GFI's share capital will be carried out by the acquisition of 25% of the shares  from Apax and Boussard & Gavaudan, controlling shareholders, followed by the launch of a public tender offer. This offer values GFI at approximately €561m.