Astek changes dimension in Spain with the acquisition of Sotec Consulting
July 09 2024 - 2:30AM
UK Regulatory
Astek changes dimension in Spain with the acquisition of Sotec
Consulting
July 9, 2024
Astek changes dimension in Spain with the
acquisition of Sotec Consulting
Astek, global player in engineering and
technology consulting, is strengthening its position in the Spanish
market with the acquisition of the Sotec Consulting company. This
merger allows Astek to access new clients in Spain, mainly in the
Banking and Finance sector with leading institutions (Santander,
Caceis Bank, Cetelem, etc.).
A new strike force of more than 250
employees on the Spanish market
Since its establishment in Spain in 2015, with
80 employees, Astek has led innovative projects for many sectors of
activity. With more than 20 years of experience, Sotec Consulting
now has 170 employees, and achieved a turnover of 9.5 million euros
in 2023.
A strengthened European footprint with
complementary expertise and client portfolios
Specializing in digital transformation and
strategic management, Sotec Consulting offers a wide range of
services, around software development and integration, cloud,
blockchain, data security, AI.
This merger allows Astek to strengthen its
positions while expanding its customer base, and thus creates a
leading player in supporting the digital transformation of
companies in the Spanish market.
Julien Gavaldon, Chairman of the
Management Board of Astek, declared: “The acquisition
of Sotec Consulting represents a new strategic step in our growth
plan in Europe, which aims to reach a critical size of 1,000 people
in different geographic areas and particularly on the Iberian
Peninsula. Providing cutting-edge expertise to serve clients in the
Banking and Finance sectors will also allow us to develop synergies
with France and other European countries. We are enthusiastic about
integrating the talents of Sotec Consulting and continuing together
our dynamic of innovation and excellence.”
Luis Calero, Managing Director of Sotec
Consulting, commented: “We are delighted to join
Astek, a growth accelerator for our company. Astek is a major
player in digital transformation in the world whose expertise,
resources and culture are undeniable assets to continue to offer
innovative and high-quality solutions to all our clients.”
Astek is thus continuing its strategy of
targeted acquisitions which complements its double-digit organic
growth. This new operation confirms Astek's desire to develop
strong synergies within its Group to provide ever more innovative
solutions to its customers.
About Astek
Founded in France in 1988, Astek is a global
player in engineering and technology consulting, present on all
continents. With its expertise in various industrial and service
sectors, Astek supports its international clients in the
intelligent deployment of their products and services and in
implementing their digital transformation.
Since its inception, the Group has built its
development on a strong culture of entrepreneurship and innovation,
and on the support and upskilling of its 8,400 employees who commit
daily to promoting the complementarity between digital technologies
and complex system engineering. The Astek Group achieved a
consolidated turnover of 585 million euros in 2023.
https://astekgroup.fr/
About Sotec
Consulting
Sotec Consulting is an IT consulting company
with more than 20 years of experience, specializing in information
technology, strategic management and digital transformation.
Committed to innovation, the company offers project management
services for the main sectors of activity. Sotec Consulting stands
out for its talent and technology-driven approach to solving its
customers’ challenges. Thanks to recognized practices and
methodologies such as ITIL, CMMi and AGILE, Sotec Consulting
guarantees the success of its projects.
https://www.sotec-consulting.com/
Press contact
Claire Doligez – cdoligez@image7.fr - +33 6 84
90 21 69
Charlotte Le Barbier – clebarbier@image7.fr - +33 6 78 37 27 60
- CP 2024-07-09 Acquisition SOTEC_EN