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    Home /  About /  News And Events /  Client Highlights
    Client Highlights

    S&C Advises Majority Shareholders and Majorel on €3 Billion Proposed Public Takeover by Teleperformance

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    May 1, 2023

    The majority shareholders of global customer experience (CX) company Majorel, German media group Bertelsmann and its Moroccan partner, Saham Group, both longstanding S&C clients, entered into a tender offer agreement with leading digital business services provider Teleperformance. Under the agreement, the French company intends to launch a voluntary takeover offer for Majorel, offering €30 per share, bringing the total equity value of the contemplated takeover offer to €3 billion.

    The global CX market is highly fragmented. The planned merger would consolidate the market further, creating a leading digital business services company with approximately $12 billion in revenue and a strong presence in all major global economies.

    Prior to this transaction, S&C advised Majorel inter alia on its Amsterdam listing in September 2021.

    The cross-border European S&C team advising Bertelsmann, Saham Group and Majorel was led by Carsten Berrar and Lars Rueve and included Olivier de Vilmorin, Michael Rosenthal, Krystian Czerniecki, Karoline Koenig, Daniel Roggenkemper, Kolja Ortmann and Karen Verlinden.

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    Kolja I. Ortmann Headshot Photo
    Kolja I. Ortmann
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    Carsten Berrar Headshot Photo
    Carsten Berrar
    Frankfurt
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    Olivier de Vilmorin Headshot Photo
    Olivier de Vilmorin
    Paris
    +33-1-73-04-10-00
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    Michael Rosenthal Headshot Photo
    Michael Rosenthal
    Brussels
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    Krystian Czerniecki Headshot Photo
    Krystian Czerniecki
    Frankfurt
    +49-69-4272-5525
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    Lars Rueve Headshot Photo
    Lars Rueve
    Frankfurt
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