Cegos Group strengthens its position as leader with the buyout of Cimes Group, No. 1 for managed training services in France

12/01/2018

Cegos Group announced the acquisition of Cimes Group, the French leader for managed training services and work-study courses.With this buyout, Cegos is pursuing the deployment of its strategy focused on the Customer Experience and remains at the forefront of market consolidation. It has also strengthened its position in relation to Managed Training Services, which the Group already offers in Spain and Germany.This will enable Cimes to accelerate its development – particularly with regard to major corporate accounts and clients abroad – and strengthen its product offering by leveraging Cegos’ experience with blended learning.Founded in 1993, Cimes has become a leader for outsourced training management in France. Every year, its staff of 140 train 270,000 people and 8000 work-study students for companies with headcounts ranging from 300 to 150,000. A pioneer on its market and a leader for outsourced management of administrative, logistical and financial training processes, in 2016 Cimes had a turnover of €10 million.Cimes will continue to conduct its business independently. The management team will remain in place, and the current CEO of Cimes, Frank Morcant, will accompany the transition in coming months. The Cimes brand, a leader on its market that has built an excellent reputation, is maintained. Read the press release