AURELIUS acquires information systems activity of Thales España
Munich/Madrid, 6 February, 2012 - German AURELIUS Group (ISIN: DE000A0JK2A8) has acquired Thales Information Systems S.A.U. (thereafter: Thales CIS), a subsidiary of Thales España. Thales CIS is a key player in the IT market in Spain and Argentina, providing a range of IT services which include development, installation and support of software and software tools to support clients in the management of their day-to-day business. Furthermore the company provides technical assistance and maintenance services, along with specialist advice and services in areas such as IT security and IT mobility as well as process consulting in targeted key sectors. Thales CIS generated revenues of roughly 45 million euros in 2011.
The agreement was closed today and entails the transfer of all shares in Thales CIS including the shares of Thales CIS subsidiary in Argentina to AURELIUS. After the purchase of Thales Information Systems in Germany back in 2008 (today: Consinto GmbH) this is the second acquisition from Thales.
Recently AURELIUS also announced the acquisition of the activities of the IT service provider Getronics from Dutch KPN in seven European countries (Belgium, Luxembourg, the United Kingdom, Ireland, Switzerland, Germany and Hungary) and in five Asian/Pacific countries (Malaysia, Singapore, India, Thailand and Republic of Korea). Back in 2008 AURELIUS had bought the IT systems integration operations of the Swiss telecommunications group Sunrise, which today is named Connectis and one of the leading companies in this sector in Switzerland.
With the operational support from AURELIUS, the acquired information systems activity will operate as an independent company in the Spanish market. Through its integration with the AURELIUS Group, Thales CIS will benefit from additional synergies and new capabilities, thereby adding to its value proposition for its existing customers and generating additional business opportunities to ensure long term growth for a stronger position in the Spanish market
The position of Thales CIS in the Spanish market combined with its portfolio of strategic clients suggests a promising future through a new business approach in the AURELIUS Group.