{"id":57658,"date":"2016-10-27T00:30:00","date_gmt":"2016-10-26T22:30:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/investment-banking\/marches-prives\/altran-acquires-swell-a-leading-provider-of-engineering-services-for-the-automotive-industry-in-germany-eastern-northern-europe\/"},"modified":"2016-10-27T00:30:00","modified_gmt":"2016-10-26T22:30:00","slug":"altran-acquires-swell-a-leading-provider-of-engineering-services-for-the-automotive-industry-in-germany-eastern-northern-europe","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/investment-banking\/marches-prives\/altran-acquires-swell-a-leading-provider-of-engineering-services-for-the-automotive-industry-in-germany-eastern-northern-europe\/","title":{"rendered":"Altran acquires SWELL, a leading provider of engineering services for the automotive industry in Germany, Eastern &#038; Northern Europe"},"content":{"rendered":"<ul>\n<li>  The acquisition of SWELL consolidates the rebuilding of capacity and capabilities as part of<br \/>\nthe German turnaround plan of the Group.<\/li>\n<\/ul>\n<ul>\n<li>  SWELL strengthens further Altran\u2019s presence with the main German automotive OEMS and<br \/>\noffers potential to become a new nearshore center part of Altran\u2019s Industrialized<br \/>\nGlobalShore\u00ae network.<\/li>\n<\/ul>\n<ul>\n<li>  The integrated engineering, development, testing and prototyping capabilities will enable the<br \/>\nGroup\u2019s \u201cComplete Vehicle\u201d automotive positioning.<\/li>\n<\/ul>\n<p>These core capabilities, which are<br \/>\ncomplemented by extensive prototyping skills and CAE know-how, will become part of Altran\u2019s Bodyin-White<br \/>\noffer.<\/p>\n<p>SWELL provides services to the European automotive industry with a portfolio of premium clients in<br \/>\nGermany and with long lasting relations to key OEMs. Clients include \u0160koda Auto, Robert Bosch,<br \/>\nContinental, Magna and Honeywell.<\/p>\n<p>With its headquarters, engineering offices, prototyping workshops and testing facilities in the Czech<br \/>\nRepublic, SWELL has experienced a strong growth over the past years and its workforce is now<br \/>\ncomposed of c.160 employees.<\/p>\n<p>Commenting on the acquisition, Dominique Cerutti, Chairman &#038; CEO of the Altran Group, stated: \u201c<em>We<br \/>\nmade Germany a priority market for Altran in our Altran 2020. Ignition strategic plan. With the<br \/>\nacquisitions of SWELL and BENTELER Engineering, announced earlier this month, we have rebuilt our<br \/>\ncapacity and capabilities in the region. SWELL also offers potential to be integrated to our Industrialized<br \/>\nGlobalShore\u00ae network as a nearshoring platform, which will be a differentiator in providing our<br \/>\nautomotive clients around the globe with an integrated offer addressing the complete vehicle.<\/em>\u201d<\/p>\n<p>Founded in 1993, SWELL was owned by Genesis Private Equity Fund II. The acquisition is expected to<br \/>\nbe completed in 2016 and is subject to customary closing conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Altran has announced today the acquisition of SWELL, a leading provider of automotive engineering, development and testing services, based in the Czech Republic. <\/p>\n","protected":false},"author":20,"featured_media":57656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1601],"tags":[1671,1888,1437,2082,2035,1702],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/57658"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=57658"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/57658\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/57656"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=57658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=57658"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=57658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}