Report
Nicolas David

AKKA Technologies : Acquisition of Data Respons a pleasant surprise

>Akka announced yesterday the acquisition of Data Respons, for € 366m - Akka announced yesterday evening its intention of acquiring Data Respons (DR), a listed company in Norway, for € 366m, paid in cash. This represents a premium of 20% to DR’s share price at market close Wednesday, 18 December. The target should generate sales of € 188m and € 212m respectively for 2019 and 2020 for EBITA of € 22.3m and € 24.5m, (consensus FactSet). Assuming debt of € 39m linked to t...
Underlying
AKKA Technologies SE

Akka Technologies is an engineering and technology consultancy company. Co. bases its service around two areas which enable it to cover the full life cycle of a product: information and systems technology and engineering. Co.'s activities can be divided into six areas: Mechanical Engineering, Process Engineering, Document Engineering, Industrial Information Technology and Embedded Systems, Information Systems and Consulting. Co. operates mainly in France, Belgium and Germany. Co also operates in Italy, Romania, Switzerland, Spain, England and Canada.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Nicolas David

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