Press release
May 23, 2024
ATOS / Econocom: “Men do not, deep down, do without
to be directed, no more than to eat, drink and sleep”
said Charles de Gaulle…
Jean-Louis Bouchard, founding President of Econocom, clarifies his decision to participate in the consortium project for the takeover of ATOS.
He considers David Layani’s approach ambitious, courageous and guided by a good knowledge of Atos and IT services. Elements which, according to him, have been missing since the departure of Thierry Breton.
Jean-Louis Bouchard is making a gesture of solidarity and protection of the reciprocal activities linking Econocom and Atos for several years.
Both competitors and partners, as is often the case in the world of IT services or finance, Atos and Econocom have worked together for more than 40 years.
At the time when Atos was still called SLIGOS and managed emerging credit card services for a consortium of banks, Econocom supplied and rented second-hand IBM computers.
Even today, Atos and Econocom respond in partnership to major calls for tenders in the areas of outsourcing (Tech Foundation) and equipment financing (mainly Bull).
Econocom brings its recognized expertise to the Workplace while Atos brings that of system outsourcing.
Through this approach, Econocom intends to allow the consortium to benefit from its relationship of trust with corporate bankers and refinancers.
This confidence has been acquired for a long time in its finance leasing business as well as through its operational experience, particularly in Europe (the company generates more than 50% of its turnover of €3 billion outside of France).
Econocom’s prudent management policy and the timely resale of non-strategic entities have enabled the development of a high-performance and profitable business. Its real control of bank debt is an asset which can serve the interests of such a recovery and which Jean-Louis Bouchard proposes to make available immediately, if the conditions are met.
ABOUT ECONOCOM
The Econocom group, created 50 years ago, is a pioneer in supporting the digital transformation of businesses. Its solutions, focused on the development and transformation of the workplace, audiovisual & digital signage as well as infrastructures, cover the overall responsibility for the expertise necessary for the realization of a digital project: from the design phase and help in choosing the solution through to the deployment of equipment and their outsourcing. This includes the purchase or rental of equipment, its customization, associated and managed services, as well as the reconditioning of equipment at the end of its life.
Present in 16 countries with more than 8,800 employees, Econocom is listed on Euronext in Brussels, Bel Mid and Family Business indices, and achieved a turnover of 2,681 million euros in 2023.
FOR MORE INFORMATION
www.econocom.com
Contact Econocom Group Communication: [email protected]
This publication has the “🔒 Actusnews SECURITY MASTER” service.
– SECURITY MASTER Key:
nG2dlJVok2iUmmqcl5mYbGiVaZxhxGjIm2bHmpVsaciZa2mVnGaVmpbIZnFmnmlt
– To control this key:
https://www.security-master-key.com.
Unregulated information:
Full and original press release in PDF format:
https://www.actusnews.com/news/85947-econocom-cp-23.05.24-vf.pdf
© Copyright Actusnews Wire
Receive future company press releases free of charge by email by subscribing to www.actusnews.com