“Atos Origin sells Nolan, Norton & Co. to its Management”
Utrecht, The Netherlands, 20 February 2006
Atos Origin and the management of Nolan, Norton & Co (NNC) have reached agreement on a management buy-out (MBO). The rationale behind the MBO is to safeguard NNC's independence as a strategy consultancy although both parties intend to continue co-operating closely with each other. NNC will be headed by managing partner Ger Damen. Nolan Norton Institute (NNI), the research activity, under leadership of Prof. Dr. Hans Strikwerda remains part of NNC.
Nolan, Norton & Co. was acquired by Atos Origin as part of KPMG Consulting in August 2002. NNC is a strategy consultancy as distinct from the business consultancy services provided by KPMG Consulting, now Atos Consulting. This agreement is viewed as a positive move to safeguard NNC's independence as a strategy advisor. Wilbert Kieboom, CEO of Atos Origin Northern Europe, said “Nolan, Norton & Co. wishes to become a fully-independent Dutch strategy consultancy. By virtue of the management buy-out, NNC believes it will be able to focus even better on its customers, delivering advice in the fields of strategy and implementation, with a view to creating high added-value.”
Ger Damen is delighted at the decision to continue independently. “Over the past three years, Atos Origin gave us every opportunity to serve top 500 customers. At the same time, NNC has always wanted to be able to provide advisory services completely independently. We now have our chance to do just that through the management buy-out. It gives us clear-cut independence and unrestricted access to potential customers. We are expecting to be able to grow more rapidly as an independent strategy agency, both in The Netherlands and internationally.”
About Atos Origin
Atos Origin is an international information technology services company. Its business is turning client vision into results through the application of consulting, systems integration and managed operations. The company's annual revenues are more than EUR 5 billion and it employs over 46,000 people in 40 countries. Atos Origin is the Worldwide Information Technology Partner for the Olympic Games and has a client base of international blue-chip companies across all sectors. Atos Origin is quoted on the Paris Eurolist Market and trades as Atos Origin, Atos Euronext Market Solutions, Atos Worldline and Atos Consulting.
About Nolan, Norton & Co
Nolan, Norton & Co. (NNC) was founded in The Netherlands in 1988, following the lead of the American academics Richard Nolan and David Norton. NNC has an excellent track record in consultancy with high added value. NNC's focus on and expertise in, ‘strategy and execution' make NNC an ideal partner for senior management in various sectors. NNC's knowledge and thought leadership have resulted in the reputation of innovative strategic consultant agency. The highly educated and experienced top professionals, execution oriented leadership and result-oriented culture result in excellent results, with high customer satisfaction.
Contact for Press:
Marie-Tatiana Collombert, Tel: +33 (0) 1 55 91 26 33, email@example.com
Contact for Investors:
John White, Tel: +33 (0) 1 55 91 26 32, firstname.lastname@example.org