Our solutions enable it administrators to easily and efficiently discover, manage and secure their business networks, systems, applications and communications wherever they exist. Mannai corporation acquires gfi informatique from apax france. Furthermore, the action in concert of mannai corporation with apax. Mannai corporation plans to acquire 51% of the gfi informatiques. Its services includes consulting, system integration, application services. Mannai corporation s it operations in qatar and india provide a complementary platform for gfi sexpansion into these markets. Integrated it solutions its division is the turnkey it solution provider at mannai ict, integrating innovative technologies to provide digital technology services and beyond. Mannai corporation offers the broadest range of products and services with core activities include automotive and heavy equipment distribution and service, it, jewelry and luxury goods, retail. Build the team of expertise to deliver cost effective solution with high quality and agreed timelines. The projected acquisition of 51% of gfis share capital fits perfectly into mannais growth strategy which is based on international revenue diversification. I consent to mannai corporation qpsc collecting my details through this form. Gfi india has a stateoftheart offshore development centre based out of pune india, which provides costeffective solutions to our global clients across multiple industry verticals. Since 2009, gfi informatique has successfully followed a strategy designed to make its services and software offering stand out and move up the. There does pose to be difficulty in reaching this ideal and the working structure of how the company works.
Altamir mannai corporation acquires from apax france. Enterprise practice comprise of leading erps such as oracle ebusiness suite, oracle cloud saas paas iaas, peoplesoft, jd edwards, sap, etc. Gfi informatique among hcm top 500 software vendors apps. Mannai corporation increased its shareholding in gfi informatique to 81. Gfi informatique gfi, an it conglomerate, has revenues close to 900m and employs around 12,000 it. Mannai corporation acquires from apax france, altamir and boussard and gavaudan a c. This report is accessible on emat, the reference database for private company acquisition multiples.
Gfi informatique is listed on euronext paris, nyse euronext compartment b isin. It hardware, integrated it solutions to customized software applications. Mannais it operations in qatar, india and turkey provide a complementary platform for gfis expansion into these markets. Manweir limited was established in 1976 and is a whollyowned subsidiary of the mannai corporation. Mannai corporation qpsc mannai, qatar company information along with stock price and performance. Clifford chance clifford chance advises mannai corporation. Mannai corporation plans to acquire 51% of the gfi. Mannai corporation set to acquire controlling stake 51 percent in gfi informatique. The ict business unit of mannai corporation is a leading systems integrator in. Mannai corporation qpsc is a qatarbased company engaged in the diversified sectors. Gfi informatiques headquarters is located in saintouen, other, fr 93400. Completion of the acquisition of a majority stake by mannai. Gfi informatique among cloud top 500 software vendors. Founded in 1992, gfi informatique sa primarily provides software and sap, and valueadded it services internationnally.
Leading the enterprise practice at gfi informatique india pvt. Information technology it includes application implementation, bespoke application development, systems integration and mobility services, among. Nov 24, 2015 a qatarbased mannai corporation has announced its plan to buy a 51% stake in a french it services group gfi informatique to accelerate its international expansion beyond france and southern europe where the company currently operates in total of eight countries. Gfi informatique among cloud top 500 software vendors apps. Gfi informatique is a major player in valueadded it services and software in europe, and occupies a strategic position in its differentiated.
Drawing on its multidisciplinary profile, the group provides its customers with a unique combination of handson services, sectorbased organisation and. Qatari firm to buy 51% stake in french gfi informatique. Mannai ict information and communication technology division. Jun 12, 2018 mannai corporation acquires from apax france, altamir and boussard and gavaudan a c. Mannai ict provides endtoend solutions throughout the whole technology stack. Gfi develops rightsized, smartly engineered it solutions for small and mediumsized businesses. Being a longterm shareholder, mannai aims to accelerate gfis growth and international expansion strategy. Mannai corporation acquires gfi informatique from apax. Mannai corporation announces its intention to file a buyout. Mannai corporation already has a very strong footprint in information and communication technology. Gfi informatique is a major player in valueadded it services and software in. We elevate our customers to the center of a multidisciplinary, agile approach to align with objectives of providing true digital transformation for their businesses.
Initially associated through a management and technical agreement with weir pumps of scotland, manweirs services today are geared primarily to serve the oil and gas sectors including petrochemical, fertilizer and marine industries in qatar and in nearby gcc states. The purchase helped gfi sell more integrated solutions into regions like the middle east and india where the qatarbased mannai has already achieved a sizable presence. Mannai corporation acquires from apax france, altamir and. Gfi informatique is an international it services group. From application implementation, bespoke application development, systems integration, mobility, master data management, cyber security, enterprise information management, data warehousing, enterprise resource planning erp and customer relationship management crm using onpremises and. Mannai corp set to acquire 51% stake in gfi informatique. Gfi informatique offers systems integration, accounting and finance software for banks, transportation, retail and logistics companies.
Industry coverage it services mannai corporation qsc gfi informatique buy complete report. Completion of the acquisition by mannai corporation. I worked at gfi software fulltime for less than a year. Nov 24, 2015 mannai corporation plans to acquire 51% gfi informatiques share. Being a longterm shareholder, mannai corporation aims to accelerate gfi s growth and international expansion strategy. Automotive segment offers a range of vehicles for sale and rent, including fourwheel drives and buses.
Commercial credit report for mannai corporation qpsc report. You wish to access web pages dedicated to documents and information relating to the buyout offer followed by a squeezeout initiated by mannai corporation. Gfi is a major player in valueadded it services and software, and occupies a strategic position in its differentiated approach to global firms and niche entities. Mannai corporations it operations in qatar and india provide a complementary platform for gfisexpansion into these markets.
Gfi informatique sa is a francebased company, engaged in the information technology and communication sector in france and in southern europe. With its multispecialist profile, the group serves its customers with a unique combination of proximity, sector organisation and industrialquality solutions. Mannai corporation increased its equity stake following the purchase from. A qatarbased mannai corporation has announced its plan to buy a 51% stake in a french it services group gfi informatique to accelerate its international expansion beyond france and southern europe where the company currently operates in total of eight countries. See gfis revenue, employees, and funding info on owler, the worlds largest communitybased business insights platform. Analysis including stock overview, quote, graphs, historical charts, share price, analyst recommendations, ratings and estimates, dividend yield, pe ratio, ratios, upside, 52 week range, target price, eps, stock news, key statistics, company financials and fundamentals including income. Information technology it includes application implementation, bespoke application development, systems integration and mobility services, among others. Aureas mission is to become the netflix of software. Commercial credit report for mannai corporation qpsc. Jun 12, 2018 the group has around 15,000 employees and generated revenue of 1. The business activity of the group is operated in five areas namely consulting, enterprise solutions, application services, infrastructure services and. Gfi develops rightsized, smartly engineered it solutions for businesses. Management, cloud solutions, business intelligence, software applications, cyber security. Mannai corporation is a diversified publicly listed conglomerate spanning the key industry and services sectors.
Being a longterm shareholder, mannai corporation aims to accelerate gfis growth and international expansion strategy. The group provides its customers with expertise in consulting, systems integration, outsourcing and software solutions. The group has around 15,000 employees and generated revenue of 1. Completion of the acquisition by mannai corporation of. Mannai corporation plans to acquire 51% gfi informatiques share. Gfi informatique is a european player for valueadded it services and software, gfi informatique has defined a differentiating strategic positioning between global operators and niche players.
I worked at gfi software fulltime for more than 8 years pros paycheck is the only positive thing left of gfi but as said in the title its more a matter of selling your soul to a. The business activity of the group is operated in five areas namely consulting, enterprise solutions, application services, infrastructure services and software. Gfi informatique is a major player in valueadded it services and software in europe, and. I worked at mannai fulltime for more than 3 years pros good company with a lot of opportunities and projects with all branches of the government in qatar. After examination of the notification, the european commission has concluded that the. See who you know at mannai infotech, leverage your professional network, and get hired. In 2011, mannai acquired a 35% stake interest in axiom telecom. Mannai corporation plans to acquire 51% gfi informatiques. Mannai, which has been listed on the qatar exchange since 2007, offers a broad range of products and services that. Gfi informatique is a major player in valueadded it services and software in europe, and occupies a strategic position in its. It offers a range of products and services, which include information and communication technology, automotive and heavy equipment distribution and service, geotechnical, geological, environmental and material testing services, engineering servi ces to the oil and gas sector, logistics and. Mannai corporation thus completes the last step of its transaction aimed at reaching. In 2012, mannai acquired a majority interest in damas international llc and became a fully owned subsidiary in march 2014.
804 620 1042 1596 1033 1210 1127 1605 789 1200 323 717 639 980 106 1281 926 958 613 1414 1465 898 3 240 830 1164 732 603 317 1143 903 1238 276 129 908 1195 1222 787 670 1141 258