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Acquisition of the german digital agency People Interactive



London (UK) – 30 January 2017Valtech SE [Euronext Paris: FR0011505163 - LTE], the first independent European agency in digital and technology marketing, announces the acquisition, from its founders and senior executives, of the German company People Interactive.


Founded in 1999 at Cologne (Germany), People Interactive is a renowned digital creative agency in Germany, with 80 employees, achieving a turnover of approximately 10 M€. People Interactive supports leading German companies including Lufthansa, Deutsche Telekom, TUI, Gothaer Insurance and Miele, in the implementation of their digital strategies, in particular by designing innovative digital experiences for customers of these major brands.


With this new acquisition, Valtech reinforces its expertise in creativity, design and customer experience. With more than 300 employees based at Düsseldorf, Munich, Frankfurt and Cologne, Valtech has established itself as a leading digital agency in Germany and is expanding its sectoral expertise in tourism, hospitality and telecommunications.


People Interactive will be consolidated into the Valtech group from February 1, 2017.


The financial consequences of this acquisition were taken into account in the valuation elements contained in SiegCo's draft information memorandum, filed on January 3, 2017 with the Financial Markets Authority, and in the independent expert's report, reproduced in full in Valtech's draft reply note, filed on January 10, 2017 with the Financial Markets Authority, relating to the simplified tender offer initiated by SiegCo.


 




ABOUT VALTECH


Valtech S.E. [Euronext Paris: FR0011505163 - LTE] is a digital marketing agency, pioneer in technology with a presence in 13 countries Argentina, Australia, Canada, Denmark, France, Germany, India, Netherlands, Singapore, Sweden, Switzerland, United Kingdom and United States) and approximately 1,800 employees. As a "digital full service" player, Valtech knows how to add value to its customers at all stages of a digital project: strategy consulting, design, graphic design, development and optimization of business-critical digital platforms. Thanks to its recognized commitment to innovation and agility, Valtech helps brands to develop and grow their business with web technologies while optimizing time to market and return on investment (ROI).





INVESTOR CONTACT

Mr Sebastian Lombardo

CEO

[email protected]
PRESS CONTACT

ACTUS – Nicolas Bouchez

 +33 1 53 67 36 74

[email protected]




Regulated information

News releases under ongoing reporting obligations:

- General Company News

Full and original press release in PDF:


https://www.actusnews.com/documents_communiques/ACTUS-0-47193-VALTECH_CP-PEOPLE-INTERACTIVE_30012017_EN.pdf


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Source: Actusnews

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