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CGI Acquires France-Based Meti to Expand IP Portfolio and Services for Retail Industry
Thursday 23 January 2020

23 January 2020 - Through a European subsidiary, Canadian IT and business consultancy CGI (NYSE: GIB) (TSX: GIB.A) has acquired France-based retail-focussed business solutions consultant Meti Logiciels et Services to strengthen support capabilities for retailers, the company said.
Terms of the transaction were not disclosed.
Meti works with Europe's largest retailers, providing solutions across thousands of stores, warehouses and merchant locations for clients in 20 countries.
With this merger, CGI strengthens its capabilities in driving the digital and omni-channel evolution of retailers. The merger further develops CGI's end-to-end range of services and deepens its expertise in the retail sector.
CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions.
Date Published: 23/01/2020
Target: Meti Logiciels et Services
Country: France
Sector: Wholesale/Retail
Type: Corporate acquisition
Status: Closed
Buyer: CGI
Terms of the deal were not disclosed