Sopra Steria Finalises Its Acquisition of Kentor

Regulatory News:

Sopra Steria (Paris:SOP), a European leader in digital transformation, today finalised its acquisition of Kentor, strengthening its position in Scandinavia.

As stated in the 26 June 2017 press release announcing the proposed acquisition, Sopra Steria acquired 100% of the share capital of Swedish firm Kentor, which until now had been wholly owned by Norwegian group TeleComputing.

This acquisition significantly bolsters Sopra Steria’s position in Scandinavia and will boost future growth in the region. Headquartered in Stockholm, Kentor is recognised for its expertise in consulting, systems integration and application maintenance. It posted revenue of €34m in 2016 and has 330 employees.

Kentor will be consolidated in Sopra Steria’s accounts as of today.

About Sopra Steria

Sopra Steria, a European leader in digital transformation, provides one of the most comprehensive portfolios of offerings on the market, spanning consulting, systems integration, industry-specific solutions, infrastructure management and business process services. It provides end-to-end solutions to address the core business needs of large companies and organisations, helping them remain competitive and grow. Combining added value with innovative high-performance services, Sopra Steria excels in guiding its clients through their transformation projects to help them make the most of digital technology. With over 40,000 employees in more than 20 countries, Sopra Steria generated revenue of €3.7 billion in 2016.
Sopra Steria (SOP) is listed on Euronext Paris (Compartment A) – ISIN: FR0000050809
For more information, please visit our website: www.soprasteria.com

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