Altran: sale of business in the United States
(CercleFinance.com) - Altran announces that it has sold its US Power & Industrial Engineering Services division, linked to utilities services in the United States, to an affiliate of CriticalPoint Capital (CPC), a California-based investment firm.
The part of the business that has been sold off offers engineering, design and construction management services to clients during key stages of the asset management lifecycle for energy production and delivery facilities all over the world.
Their cessation should translate into a negative non-recurring result from discontinued operations of around 15 million euros for the 2017 annual results, subject to the final examination of the accounts by the auditors.
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