Axelboss sold to Sia Conseil

Valtech sells its management consultancy division to Sia Conseil

Financière Cambon assisted Valtech, leading player in e-business and Agile technologies, in selling Axelboss, its Management Consulting business. This entity of 40 highly experienced consultants provides services to leading companies in various verticals, with a focus on industry, retail and finance.
With this acquisition, Sia Conseil will strengthen its workforce, now up to 300 people, and add €7m to its €38m Net Sales. The company aims to become, thanks to its external growth strategy, a European leader in the Management Consulting business.

From a Valtech standpoint, this transfer is part of a wider strategy to refocus on its core business. It follows the ambitious project initiated by the new management team, set up in March 2010, after the success of a tender offer launched by SiegCo and led by Financiere Cambon, to bring Valtech as European leader in digital optimization.