Tessi concludes an agreement with Loomis to sell CPOR Devises

TESSI announced today the signing of an agreement with Loomis to sell CPOR Devises, a subsidiary of Tessi, owned 80% by Tessi and 20% by Crédit Agricole SA. CPoR Devises, the leading foreign currency and gold processing player in France, was acquired in 2005 by Tessi from Crédit Agricole, which has remained a minority shareholder with a 20% stake. CPoR Devises is a credit institution that ensures the liquidity of the French foreign exchange and gold markets. In this capacity, CPoR Devises supplies and recovers foreign banknotes and gold investment products to and from the entire domestic banking and foreign exchange offices network. In addition to that, CPoR Devises also operates internationally. The equity value is EUR 100 million (implying an enterprise value of approximately EUR 70 million). CPoR Devises has approximately 130 employees and the annual revenue in 2017 was approximately EUR 37.5 million. This transaction is in line with the strategy aimed at strengthening Loomis’ leadership across their existing cash handling activities while moving up to the value chain and generating synergies. Jean-Pierre Djian, CEO of CPoR Devises Devises said: « We are excited by this new challenge with Loomis and, together, we will perfectly integrate CPoR Devises within Loomis’ future strategy whilst generating significant synergies. Loomis will be able to access CPoR Devises network both in France and abroad in order to strengthen their current activities and increase their international presence ». « Tessi has the declared intention of becoming a major player in Business Process Outsourcing at a European level. We wish to concentrate our growth in this business sector. The acquisition of Owliance announced on 10 May 2018 is a perfect example. The sale of CPoR Devises represents an important step in this process that allows Tessi to continue to focus our core business on information flows and outsourcing value added services,» declared Claire Fistarol and Oliver Jolland, respectively Chief Executive Officer and General Manager of the Tessi Group. The agreement is subject to work council consultation of CPoR Devises and, as CPoR Devises is a credit institution, the disposal is also subject to a non-opposing decree by the European Central Bank after recommendation from The Prudential Control and Resolution Authority (“ACPR”). Advisors to Tessi : Canaccord Genuity (Olivier Dardel, Hugo Granat), Lexan Avocats (Luigi Giordano, François Barral-Baron), Weil Gotshal & Manges (Alexandre Duguay), Deloitte (Jean-Philippe Grosmaitre, Sébastien Manelfe, Yannick Verchere) Advisors to Credit Agricole : CACIB (Cyril Paolantoni), Baker McKenzie (Stéphane Davin, Paul Nury) Download the press...

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Tessi announces the acquisition of Dhimyotis, a major player in cyber security

In view of the recent wave of cyber-attacks, Tessi is enhancing its value chain with the acquisition of cyber security expertise. Tessi today announces the acquisition of a 100% interest in Dhimyotis, a trusted third party specialising in cyber security. Dhimyotis publishes authentication, cryptography, encryption, SSL, electronic signature and timestamping solutions. As confirmed by its certifications and customer base, Dhimyotis stands out as the most trusted French service provider: Dhimyotis is the first French trusted service provider to have obtained certification in European ETSI standards relating to authentication and electronic signatures. Under its “Certigna” offering, Dhimyotis is both “Certification Operator” and “Certifying Authority”. It markets certified digital certificates and manages its customers’ certifying authorities. All certificates issued by Dhimyotis are considered “Qualified” within the meaning of the European eIDAS Regulation, by which the company has been certified, in addition to RGS (General Repository for IT Security) qualification and ETSI certification. Dhimyotis is also ISO/IEC 27001-certified for all of its solutions, services and business lines. Dhimyotis also offers a “2D-ORIGIN” solution, enabling verification of the origin and integrity of documents such as invoices, payslips, insurance certificates, bank account details, diplomas and business cards. In 2016, Dhimyotis posted turnover of close to €1 million and EBITDA nearing break-even. In a high-potential cyber security market, Dhimyotis is rapidly expanding and is vying for a spot as a major French and European player in cyber security and digital trust. This new acquisition strengthens Tessi’s offering and bears witness to the Group’s commitment to guaranteeing rigorous and virtuous management of the security of its services, for all of its customers. Download the press release. About Tessi: Tessi is the No. 1 document processing specialist in France Listed on Euronext Paris Compartment B - ISIN code – FR0004529147 – Ticker: TES Head office in Grenoble, France (38) Founded in 1971 and acquired by Pixel Holding on 12 January 2017 French No. 1 in cheque receipt and processing French No. 1 in foreign exchange and gold trading French No. 1 in managing deferred promotional operations Contacts Tessi Actus Communication Department Amalia Naveira / Investor Relations Tel. +33 (0)4 76 70 59 10 Marie Claude Triquet / Media Relations communication@tessi.fr Tel. + 33 (0)4 72 18 04 90 anaveira@actus.fr / mctriquet@actus.fr...

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Tessi acquires a 100% interest in PMC, which specialises in BOGO

Tessi is strengthening its marketing services division via the acquisition of a 100% interest in PMC, a consulting firm that specialises in BOGO. PMC is a marketing operations consulting firm founded in 1994 by Paul Gautier. PMC has developed recognised expertise in the design and implementation of BOGO (Buy One Get One) programmes. Thanks to its expertise and network of partners, which are unique in the market, PMC offers operations that give consumers access to a range of highly attractive benefits in exchange for a simple purchase. The firm also offers a promotional and motivational event service, including organising roadshows, summer tours, and in-store events. PMC generated turnover of €3.9 million in 2014, and includes among its clients major brands in the food, mass-market electronics, retail, car manufacturing, cosmetics and DIY industries. Tessi marketing services is enhancing its range of solutions by incorporating PMC’s solutions, and will be in a position to offer its clients a range of promotional and event-based solutions tailored to their requirements. Download the press release. About Tessi:  Tessi is No. 1 document processing specialist in France  Listed on Euronext Paris Eurolist B - ISIN code – FR0004529147 – Ticker: TES  Head Office in Grenoble, France (38)  Founded in 1971 and taken over in 1979 by Marc Rebouah, current CEO  French No. 1 in check receipt and processing  French No. 1 in foreign exchange and gold trading  French No. 1 in managing deffered promotional...

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Tessi takes over Swiss-based Gdoc

Tessi today announced that it had taken control of Swiss-based Gdoc (www.gdoc-lasercom.com). Gdoc is a digital services company with head office in Geneva providing Document Management services to dozens of large European companies. The company posted 2014 revenues of CHF 11.2 million and has offices in Zurich, Madrid, London and Paris. Company staff include over sixty active project management and project ownership specialists in industries covering insurance, banking, public sector, retail, telecoms and utilities. Gdoc focuses on CCM (Customer Communication Management), archiving and ECM (Enterprise Content Management) platforms, while constantly striving to better combine paper and digital with a view to optimizing operational procedures and improving the client’s experience. Following the May 2014 acquisition of Spanish-based Graddo, acquiring Gdoc confirms Tessi’s determination to expand abroad and bolster its Tessi Documents Services and Solutions and Technologies divisions. Download the press release. About Tessi:  Tessi is No. 1 document processing specialist in France  Listed on Euronext Paris Eurolist B - ISIN code – FR0004529147 – Ticker: TES  Head Office in Grenoble, France (38)  Founded in 1971 and taken over in 1979 by Marc Rebouah, current PDG  French No. 1 in check receipt and processing  French No. 1 in foreign exchange and gold trading  French No. 1 in managing deffered promotional...

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Tessi acquires minority interest in Spigraph Group

Tessi today announces its acquisition of a minority interest in Spigraph Group. The Spigraph group has expanded rapidly though organic growth and acquisitions to become the leading value added distributor (VAD) of document capture solutions and services in the EMEA market (Europe, Middle East and Africa). The group’s turnover has grown from €24 million in 2011 to over €120 million in 2014. Spigraph currently employs 350 people. Founded in 1997, Spigraph Group (formerly Spigraph International), based in France at Saint Quentin Fallavier, a town situated mid-way between Lyon and Grenoble, has subsidiaries and offices in 20 countries (Algeria, Austria, Belgium, the Czech Republic, Denmark, Finland, France, Germany, Hungary, Italy, Morocco, the Netherlands, Norway, Poland, Portugal, Spain, Sweden, Switzerland, Tunisia and the UK). Tessi’s acquisition of a stake in Spigraph Group alongside the group’s long-standing private equity investor, Isatis, is part of a move to strengthen the group’s capital base after a phase of structural acquisitions, the last of which was completed in January 2014. Tessi and Spigraph Group intend to use the new partnership as an opportunity for enhancing their respective offerings and know-how through the development of synergies. Download the press release. About Tessi:  Tessi is No. 1 document processing specialist in France  Listed on Euronext Paris Eurolist B - ISIN code – FR0004529147 – Ticker: TES  Head Office in Grenoble, France (38)  Founded in 1971 and taken over in 1979 by Marc Rebouah, current PDG  French No. 1 in check receipt and processing  French No. 1 in foreign exchange and gold trading  French No. 1 in managing deffered promotional...

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Tessi buys Spanish company Graddo

Today, Tessi announced that it had acquired a 100% interest in Graddo Grupo Corporativo S.L. and its subsidiaries. Graddo, a family-owned company based in Madrid, which specialises in processing documents and means of payment, reported revenues of €15.5 million in 2013 with similar operating margins to those of Tessi documents services. The company has 616 employees.  Graddo, which was founded over 30 years ago and was developed by two brothers, Tomas and José Azuara, is recognised as one of the leading players in the Spanish BPO market, primarily in the banking sector. Graddo helps companies to outsource the management of their document and business processes, and offers paperless document services, cash receipt and means of payment management, and back-office processing to a wide range of customers.  Tessi is strengthening its Tessi documents services business and is opening up new growth opportunities via this acquisition, which will be immediately earnings enhancing. Thanks to its ability to provide services and technologies that are suited to all business sectors, the Group aims to establish itself as a leader on the Spanish market.  Graddo’s founders will remain as directors and will support the Tessi Group’s ambitious integration and development plans on the Spanish and international markets.  Graddo was advised by One to One Corporate Finance and Tessi was advised by Roca Junyent and BDO. Download the press release. About Tessi:  Tessi is No. 1 document processing specialist in France  Listed on Euronext Paris Eurolist B - ISIN code – FR0004529147 – Ticker: TES  Head Office in Grenoble, France (38)  Founded in 1971 and taken over in 1979 by Marc Rebouah, current PDG  French No. 1 in check receipt and processing  French No. 1 in foreign exchange and gold trading  French No. 1 in managing deffered promotional...

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Les clés de la compétitivité ? Indice n°5 : inspirer confiance

La confiance numérique ne va pas de soi Si elle tend à se renforcer avec l’usage toujours plus intensif des technologies numériques, notamment par les plus jeunes, la notion de sécurité des données reste primordiale pour les usagers.(Source enquête de l’Observatoire de la Confiance - avril 2014) De la sécurité naît la confiance Certifications et usages, deux leviers de la confiance La multiplication des usages, de l’achat en ligne au stockage de données dématérialisées (le cloud) en passant par la gestion à distance de ses comptes bancaires, la pratique du numérique s’est largement démocratisée. L’expérience a donc été le premier facteur de réassurance des usagers quant à la confiance numérique. Aujourd’hui, ce sentiment de sécurité est principalement associé à la certification et au lieu de stockage des données. […] Téléchargez le document et découvrez l’indice n°5 en...

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2013⁄14 publications calendar">201314 publications calendar

Preliminary calendar dates PublicationsPress release*Meeting 2013 4th quarter turnoverTuesday, 6 February 2014 2013 annual resultsMonday, 7 April 2014 2014 1st quarter turnoverMonday, 5 May 2014 Annual General MeetingMonday, 16 June 2014 2014 2nd quarter turnoverMonday, 4 August 2014 2014 half-year resultsTuesday, 4 September 2014 2014 3rd quarter turnover 2014Monday, 3 November 2014  * Diffusion après clôture de la Bourse About Tessi: Tessi is No. 1 document processing specialist in France Listed on Euronext Paris Eurolist B - ISIN code – FR0004529147 – Ticker: TES Head Office in Grenoble, France (38) Founded in 1971 and taken over in 1979 by Marc Rebouah, current PDG French No. 1 in check receipt and processing French No. 1 in foreign exchange and gold trading French No. 1 in managing deffered promotional operations For further information visit: tes17con12si-dev-tessi-fr.pf5.wpserveur.net Contacts Tessi Corinne Rebouah, Executive Secretary – Head of Communication Tél. +33 (0)4 76 70 59 10, E-mail : corinne.rebouah@tessi.fr Actus Amalia Naveira / Investors Relations Marie Claude Triquet / Media Relations Tél. +33 (0)4 72 18 04 90 E-mail : anaveira@actus.fr E-mail...

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Les clés de la compétitivité ? Indice n°4 : mettre la technologie au service des hommes

L’innovation, principal levier de croissance :  93 % des responsables interrogés considèrent que leur croissance des cinq prochaines années sera organique et s’appuiera sur l’innovation. Un nombre croissant de responsables d’entreprises a aujourd’hui compris la corrélation entre innovation et croissance. Ainsi, une étude réalisée récemment par PwC révèle que 43 % des dirigeants jugent aujourd’hui l’innovation nécessaire à la compétitivité, chiffre qui a progressé de 50 % au cours des 5 dernières années (source : étude PwC, septembre 2013). Téléchargez le document et découvrez l’indice n°4 en...

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Les clés de la compétitivité ? Indice n°3 : manager l’innovation

Tessi, entreprise classée parmi le plus performantes de France, a fait de l’innovation l’une des clés de sa compétitivité.  Inscrite au coeur même de son ADN, l’innovation est, chez Tessi, présente tant dans son offre que dans son organisation et dans l’accompagnement qu’elle propose à ses clients. Tessi accompagne ses clients dans la conduite du changement et la mise en place de nouveaux process. Du marketing promotionnel multi-canal à la gestion des migrations SEPA, les experts de Tessi jouent un rôle fondamental dans la mise en application des innovations. Téléchargez le document et découvrez l’indice n°3 en cliquant ici...

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