After confirming the due diligence and observing the synergies expected from this merger, the shareholders of the two companies did not finally reach an agreement on the final structure of the operation in view of the current difficult macroeconomic context.
The SITEL group, world leader in telecommunications services and call centers serving the biggest brands, announces that it has put an end to direct discussions with Majorel Luxembourg SA Majorel concerning the planned merger of the two companies.
After having confirmed the due diligence and confirmed the synergies expected from this merger, the shareholders of the two companies did not finally reach an agreement on the final form of the operation in the current micro-economic context.
In this regard, Laurent Operti, CEO and co-founder of the SITEL Group, declares: “The SITEL Group combines great experience and operational excellence with a solid growth curve in recent years, allowing us to supply more than 700 brands and customers. that we support with service. exceptionally high value worldwide. He added: “Our H1 2022 figures once once more underline our resilience in these difficult times, with double-digit revenue growth compared to H1 2021 and around €315 million under IFRS from EBITDA, i.e. 17% of turnover (+30% compared to the first half of 2021). Looking to the future, we remain determined to support our customers in their adaptation to the challenges of digital transformation and to offer them a flexible service that meets all their needs in the service of their consumer experience, a key element in strengthening their competitiveness. on the market. market. »
