Paris, January 10, 2005
Pierre Fabre Laboratories and Devoteam sign their partnership agreement
Devoteam and Pierre Fabre SA just signed their 10-year partnership agreement
covering networks and infrastructures operation.
Under the agreement, Devoteam becomes the operator of the PFI (Pierre Fabre
Informatique) platform based in Castres and takes on 51% of the company’s capital
stock as of January 1, 2005.
This is an opportunity for Devoteam to cement its positions as a consulting and
integration leader through an offer for outsourcing IT production on a proven
The partnership also meets Pierre Fabre’s desire to provide PFI with a strong
entrepreneurial momentum and turn it into an actual territory development player.
“For Pierre Fabre, the contemplated partnership, which places PFI at the heart of
Devoteam’s industrial offer, will consolidate the operation of our IT systems; this
should drive the digital infrastructures implemented by territorial communities, and
should represent a strong development factor for the company and the Castres
area,” stated Bertrand Parmentier, Vice-President, Pierre Fabre SA.
“Our similar corporate cultures, our teams’ strong expertise and the way they are
complementary of each other, are the key to the project’s success. From 2005 on,
the partnership will represent a major growth lever for Devoteam, harnessing the
Group’s many successful interventions with key clients, particularly in 2004,”
explained Godefroy de Bentzmann, Co-Chairman of the Board, Devoteam.
Devoteam will publish its 2004 turnover on February 10, 2005. According to
expectations, it should be in excess of 147 million euros, which should lead the
group to revise its growth prospects for 2005.
About Devoteam :
Devoteam is an IT consulting group.
Combining consulting and technology solutions offers enables Devoteam to
provide its customers with independent advice and effective solutions to align their
information system’s technical infrastructure with their operational objectives.
The group achieved a turnover of 126 million euros for 2003 and counts more than
1,600 employees through ten European countries and the Middle East.
About Pierre Fabre SA :
The Laboratoires Pierre Fabre is a French company specializing in the
pharmaceutical industry, the healthcare and skin care products and homeopathy.
The company reported 2003 global revenues of 1.43 billion euros. It employs about
9. 000 people worldwide.
Euronext depuis le 28 octobre 1999
Cotation : Nouveau Marché d'
Membres des indices NextEconomy, IT CAC 50, SBF 250 d' Euronext Paris
ISIN : FR 0000073793, Reuters : DVTM.LN, Bloomberg : DEVO FP
Contact : Stanislas de Bentzmann, Co-Président du Directoire,
Communication financière : Grégoire Cayatte, firstname.lastname@example.org,
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Agence Bermudes RP - Marie Danzas, email@example.com,
tel : 33 1 41 10 42 90