WENDEL: Wendel completes the acquisition of Scalian, a leading European consulting firm in digital transformation, project management and operational performance
27 Luglio 2023 - 5:45PM
WENDEL: Wendel completes the acquisition of Scalian, a leading
European consulting firm in digital transformation, project
management and operational performance
PRESS RELEASE - JULY 27, 2023
Wendel completes the acquisition of Scalian, a
leading European consulting firm in digital transformation, project
management and operational performance
Wendel (Euronext: MF.FP) has completed the
acquisition of Scalian from Cobepa. Wendel invested €557 million of
equity, i.e. an Enterprise Value of c. 965 M€. Wendel holds a 82%
interest in Scalian, alongside management of the
company.
Founded in 1989, Scalian is ranked among
France's Top 10 engineering consulting firms, is also active
internationally, providing industrial project management services
for issues pertaining to supply chain (costs, quality, deadlines,
performance), digital engineering from architecture to embedded
digital systems development and system applications, big data and
AI. Scalian also addresses optimization and performance of projects
and organizations, as well as providing digital transformation
support for industry and service sector leaders.
The group expects to reach c. €515 million in
revenue, an adjusted EBITDA1 margin of c. 14% as of June 2023 LTM,
and totaled c. 5,500 employees at this date.
Since 2015, the company has delivered average
annual growth of around +30% of its revenues, including +12% of
organic growth despite Covid, amplified by a selective external
growth strategy, in France and internationally, with nine
acquisitions completed over the same period.
Scalian has implemented a ESG policy having
resulted in several certifications (ISO 9100, 9001,14001, 27001).
The Group has obtained an Ecovadis silver medal in 2022 and has the
ambition to further develop its ESG approach by 2025.
1 Adjusted EBITDA after IFRS 16 calculated
according to Wendel's usual methodology.
Agenda
July 27th, 2023
H1 2023
results – Publication of NAV as of June
30, 2023, and condensed Half-Year consolidated financial statements
(after-market release).
October 26th, 2023
Q3 2023 Trading
update – Publication of NAV as of
September 30, 2023 (after-market release).
December 7th, 2023
2023 Investor Day.
About WendelWendel is one of
Europe’s leading listed investment firms. The Group invests in
Europe and
North America in companies which are
leaders in their field, such as Bureau Veritas, ACAMS,
Constantia Flexibles, Crisis Prevention Institute, IHS Towers,
Scalian, Stahl and Tarkett. Wendel often plays an active role
as a controlling or significant shareholder in its
portfolio companies. Wendel seeks
to implement long-term development strategies, which
involve boosting growth and margins of companies so as
to enhance their leading market positions. With Wendel Growth
(formerly known as Wendel Lab), Wendel also invests via funds or
directly in innovative, high-growth companies.
Wendel is listed on Eurolist by Euronext
Paris.
Standard & Poor’s ratings: Long-term: BBB,
stable outlook – Short-term: A-2 since January 25, 2019
Moody’s ratings: Long-term: Baa2, stable outlook
since September 5, 2018
Wendel is the Founding Sponsor of Centre
Pompidou-Metz. In recognition of its long-term patronage of the
arts, Wendel received the distinction of ‘Grand Mécène de la
Culture’ in 2012.
For more information: wendelgroup.com
Follow us on LinkedIn
@Wendel
Press
contacts |
Analyst and investor contacts |
Christine Anglade
Pirzadeh: + 33 1 42 85 63 24 |
Olivier Allot: +33 1 42 85 63 73 |
c.anglade@wendelgroup.com |
o.allot@wendelgroup.com |
|
|
Caroline Decaux: +33 1
42 85 91 27 |
Lucile Roch: +33 1 42 85 63 72 |
c.decaux@wendelgroup.com |
l.roch@wendelgroup.com |
|
|
Primatice |
|
Olivier Labesse: +33 6
79 11 49 71 |
|
olivierlabesse@primatice.com |
|
Hugues Schmitt: +33 6
71 99 74 58 |
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huguesschmitt@primatice.com |
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Kekst CNC |
|
Todd Fogarty: +1 212
521 4854 |
|
todd.fogarty@kekstcnc.com |
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