The deal is set to be completed by yearend on condition it is greenlighted by antitrust authorities.
Qualitance has a 220-expert team and develops products and digital businesses for large organizations and startups. The company is present in Europe, North America and Australia and includes some of the world’s largest companies in its portfolio.
Alten Romania, the local subsidiary of the French company of the same name, carries out engineering and technical consulting activities for players in various industries, such as banking, chemical, IT, retail, technology and digital commerce.
The French group is present in Romania via two entities with over 1,000 employees. It has offices in Bucharest, Pitesti, Craiova, Sibiu and Timisoara.
Alten Romania has recently announced it plans to reach 750 employees locally by yearend.
Via this acquisition, Alten Group will strengthen its footprint in Romania and boost its capacity to access new projects and clients in CEE.
(English version by Catalina Apostoiu)