ALTEN to Acquire Worldgrid from Atos

ALTEN, a key player in Engineering and IT Services, has announced a Share & Asset Purchase Agreement with Atos SE to acquire its Worldgrid business unit. This move follows a prior press release from June 2024. Worldgrid specializes in consulting and engineering services for the energy and utility sectors and generated approximately €170 million in revenue for 2023. It currently employs around 1,100 staff members.

ALTEN, boasting 3,000 consultants in the energy sector, is known for its expertise in technological and engineering solutions. The acquisition aims to ensure service continuity for Worldgrid’s clients and employees. The necessary employee consultations and regulatory approvals have been completed. The transaction is expected to finalize by the end of 2024.