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Cap Gemini Ernst & Young and
Pierre Fabre SA to create
a joint company in Castres, France
Cap Gemini Ernst & Young and Pierre
Fabre SA sign a €158 million, 10-year partnership agreement
Paris, Castres (France), September 10, 2002
Cap Gemini Ernst & Young France (CGE&Y) and Pierre
Fabre SA announce the signing of a 10-year partnership agreement
to establish a joint company – known as Pierre Fabre Informatique
– in Castres, France. The company is owned 51% by CGE&Y
and 49% by Pierre Fabre SA.
Pierre Fabre Informatique will handle the implementation
of Pierre Fabre SA's IT systems, including applications maintenance.
At the outset, the company will employ about 50 people coming
from both CGE&Y and Pierre Fabre SA.
This partnership agreement arose from Pierre Fabre SA's decision
to consolidate its major and essential IT investments, and
from CGE&Y's interest in building stronger ties with one
of its key clients in France. In addition, Pierre Fabre Informatique
will serve as the nucleus of a new CGE&Y service platform
based in Castres, aimed at assisting new businesses and clients
both inside France and internationally.
The creation of Pierre Fabre Informatique is also in line
with the parent company's involvement in regional development
and with digital infrastructures in and around Castres.
About Cap Gemini Ernst & Young
The Cap Gemini Ernst & Young Group is one of the largest
management and IT consulting organisations in the world. The
company offers management and IT consulting services, systems
integration, and technology development, design and outsourcing
capabilities on a global scale to help businesses continue
to implement growth strategies and leverage technology. The
organisation employs around 55,000 people worldwide and reported
2001 global revenues of more than 8.4 billion euros.
More information about individual service lines, offices
and research is available at www.cgey.com
About Pierre Fabre SA
The Laboratoires Pierre Fabre is a French company specializing
in the pharmaceutical industry, the healthcare and skin care
products and homeopathy. The company reported 2001 global
revenues of 1.250 billion euros (of which 550 million euros
outside France). It employs 8400 people worldwide (of which
2100 outside France).
Caroline Peyrat
Cap Gemini Ernst & Young France
Tel :+33 (1) 47 54 50 76
Email: caroline.peyrat@cgey.com
Eric Ducournau
Pierre Fabre SA
Tel : +33 (5) 63 62 38 50
Email : eric.ducournau@pierre-fabre.com
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