With more than 99.9% of Majorel’s shares tendered in the offer, this success reflects the transaction’s relevance and the potential of high value creation for our shareholders. The acquisition has driven the emergence of a new Teleperformance, one that is stronger in every way, especially in terms of geographies, verticals, and lines of expertise.”

With this transaction, the Group is strengthening:

its global footprint, especially in Europe, including France and Germany, where Teleperformance has a relatively limited presence, as well as in Asia and Africa

its positioning in a number of high growth potential verticals, such as financial services, insurance and luxury goods

its high added-value lines of expertise on claim management and end-to-end document processing as additional opportunities

The combination will create a wide range of synergies, in terms of both revenue and costs.
The cost synergy plan has been confirmed, with projected savings well into the initial target range of €100 million to €150 million.
The key areas for synergy opportunities are IT (licenses, hardware, procurement, etc.), site management and cost mutualization.

In addition, Moulay Hafid Elalamy, founder of the Saham Group, is set to join Teleperformance’s Board of Directors in early 2024.