Sopra Steria Finalises the Acquisition of Tobania, a Belgian Digital Consultancy and Services Company
Sopra Steria Finalises the Acquisition of Tobania, a Belgian Digital Consultancy and Services Company
Sopra Steria (Euronext Paris: SOP) has completed the acquisition of Assua NV and its subsidiaries, Tobania NV and Python Predictions BV, initially announced on 17 November 2022.
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Sopra Steria (Euronext Paris: SOP) (Paris:SOP), a European tech leader, has finalised the acquisition of Assua NV and its operating subsidiaries, Tobania NV and Python Predictions BV. The proposed acquisition had been announced on 17 November 2022.
This acquisition establishes the Group in a leading position in the Belgian digital services market, considered strategic in Europe in light of its market potential and the presence of European institutions. This highly complementary tie-up would expand the Group’s coverage of the Belgian market (French- and Dutch-speaking areas), double its market share to make it one of the main market players (with combined revenue of more than €200 million), and unlock commercial and operational synergies.
Assua NV was added to Sopra Steria’s scope of consolidation on 1stMarch 2023.
About Sopra Steria
Sopra Steria, a European leader in the field of technology, renowned for its consulting, digital services and software development, helps its clients drive their digital transformation and obtain tangible and sustainable benefits. It provides end-to-end solutions to make large companies and organisations more competitive by combining in-depth knowledge of a wide range of business sectors and innovative technologies with a fully collaborative approach. Sopra Steria places people at the heart of everything it does and is committed to putting digital to work for its clients in order to build a positive future for all. With 50,000 employees in nearly 30 countries, the Group generated revenue of €5.1 billion in 2022.
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Sopra Steria (SOP) is listed on Euronext Paris (Compartment A) – ISIN: FR0000050809
For more information, visit us at www.soprasteria.com
