Groupe Interway was chosen by the Paris Commercial Court to take over the assets and 90% of the employees of the company Odéolis, in receivership. A recovery desired by employees but also its customers, reassured by the solidity of the Digital Services Company (ESN). This external growth operation will allow Groupe Interway to have a deployment and maintenance force commensurate with the new services offered, but also new contracts… and stated ambitions.
After having formulated a takeover offer in May 2020, Groupe Interway was chosen to take over the assets of the company Odéolis from 1/10/2020.
In receivership, the company of 70 employees, with turnover of € 11m, was specialized in deployment, commissioning and assistance operations for large account customers such as la Française des jeux.
In addition to assets, Interway was able to reintegrate 90% from the Odéolis workforce, part of which has already joined the Group's head office in Vitrolles, the other part remaining in the field in the region. Interway has set up a transition period, until January 2021, which will allow teams from Odéolis to train in Interway solutions, but also in management tools, etc.
Interway has also taken over the company's customer portfolio, with long-term contracts that are strategic for the Group.
In contention with several competitors for this takeover, the choice of Interway was obvious to the Paris Commercial Court:
- Directors and employees of Odéolis approved of Interway's takeover offer. The two entities having the same core business, the integration of the teams will be complete and rapid. Mostly satisfied with their former service provider, Odéolis' long-standing customers also approved this takeover, reassured by Interway's expertise, solidity and business vision.
- With 600 employees and € 48m in turnover expected in 2020 (see details in the next chapter), Interway is one of the French leaders in ESNs, which has already successfully carried out similar takeover operations (Eryma Services in 2010) and acquired SIS in 2017 and InStore Solution in 2019.
The takeover of the Odéolis teams will make it possible to strengthen the field presence of the Interway teams (100 people to date). The deployment and maintenance service will be all the more efficient, relevant and sustainable.