Econocom : announces a disposal project of its stake in digital.security
July 27, 2020 at 03:45 am EDT
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REGULATED INFORMATION
2 7 J u l y 2 0 2 0
Econocom announces a disposal project
of its stake in digital.security
On 27 july 2020 Econocom announced that it has entered into exclusive negotiations with Atos for the sale of its stake in the capital of its subsidiary digital.security.
digital.security, a specialist in digital risk management and Europe's leading CERTTM, which currently employs 250 consultants, generated revenue of nearly EUR 29 million in 2019. Econocom, the Digital General Contractor (DGC), will continue to work with digital.security for its customers' projects that include a cyber security dimension.
This sale will contribute to Econocom's objective of reducing its Net book Debt to zero.
digital.security's employee representative bodies will be consulted in the coming days in order to present the proposed sale to them.
A B O U T E C O N O C O M
Econocom designs, finances and facilitates digital transformation for large companies and public organisations. With 45 years' experience and the only market player with 360° expertise covering project financing, equipment distribution and digital services, Econocom employs more than 10,000 people in 18 countries and reported revenue of €2,927 million. The Econocom Group share is listed on Euronext Brussels and is part of the Bel Mid and Family Business indices.
F O R F U R T H E R I N F O R M A T I O N
www.econocom.com
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Investor and shareholder relations contact: etienne.jacquet@econocom.com
Econocom Group SE published this content on 27 July 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 July 2020 07:45:18 UTC
Econocom Group SE specializes in providing digital services to companies. Net sales break down by activity as follows:
- Products and Solutions (45%): supply and integration of IT, mobile, telecom and multimedia products;
- Technology Management and Financing (37.2%): leasing and piloting of computer systems and telecoms;
- Services (17.8%): consulting, engineering, outsourcing, maintenance services, etc.
Net sales are distributed geographically as follows: Benelux (14.4%), France (46.5%), Southern Europe (25.3%), Northern and Eastern Europe and Americas (13.8%).
ECONOCOM GROUP SE 
