Alten is to make its largest acquisition, with Milan-headquartered SDG Group. SDG has revenues of EUR 76m and a headcount of 950. Its operating margin is ~10%. We estimate the price paid by Alten to ~EUR 60m.
Oncodesign has restructured its business into three distinct business units (BU): Service, Biotech, and AI. Each BU will have its own objectives and delivery organization.