PSA Peugeot Citroen has selected Altran Group as its strategic partner in the areas of innovation, R&D, process design and generic management consulting services. As part of the contract, Altran will support PSA Peugeot Citroen and its partners to improve their operational efficiency, develop their international activity, accelerate innovation and ensure sustainability is embedded in their products and services.
The contract represents an important step for Altran in realizing its strategic plan presented last October by CEO Philippe Salle. In the plan, Altran agreed to focus on a select number of markets and to focus on big clients.
The deal with PSA Peugeot Citroen is in value one of the top 20 deals of the firm worldwide. In addition to its new focus, Altran also set the ambition to divest loss-making and non-core activities. Early January 2012, Altran decided to sell consulting firm Arthur D. Little back to the partners via a Management-Buy-Out (MBO).
“We are extremely pleased to be the strategic partner for PSA Peugeot Citroen and support them on major critical projects in the coming years. This large contract will enable us to consolidate our position as a leader in innovation and engineering”, said Cyril Roger, Altran’s Executive Vice-President for France and Southern Europe.