Boulogne-Billancourt, 20 July 2018 - The Technicis group, European leader in the technical translation sector, continues its external growth strategy with the announcement of the purchase of Telelingua. This acquisition is the third the group has made since the start of 2018. Following TextMaster (digital) in March and HL Trad (finance / legal) just a few days ago, the arrival of Telelingua brings a new dimension to the group, which is pursuing its ambition of becoming one of the world's top five professional translation companies by 2020.
The purchase of Telelingua, an important turning point for the Technicis group
Telelingua is one of the world's top 25 largest translation companies. Originally established in Brussels, the company today boasts more than 30 years' international experience and offers a broad range of expertise in areas such as life sciences, IT, finance, law and both energy and the environment. Telelingua's Life Sciences section, in particular, enjoys a strong reputation among clients from the medical and pharmaceutical sectors in both Europe and the United States. This latest addition to the Technicis group has 1,500 clients throughout the world, employs more than 220 staff, and works in close collaboration with 5,000 translators.
Benjamin du Fraysseix, CEO of the Technicis group: “Satisfying our clients means, above all else, properly identifying and understanding their requirements. Our next objective will be to introduce and establish five divisions across the whole group specialising in specific professional sectors: Digital & Luxury, Financial & Legal, Industry & Energy, Pharma & Medical, and last but not least, Services. Following TextMaster in March this year, the simultaneous arrival of HL Trad and Telelingua in the space of just a few weeks marks a real turning point for the group, which has now established itself as a major global player with a local presence in a large number of countries – an ambitious positioning designed to enable us to meet the needs of each and every one of our clients on an international scale.”
One of the sector's most dynamic external growth strategies
HL Trad and Telelingua are, respectively, the sixth and seventh acquisitions made by the Technicis group since 2012 and the launch of the external growth strategy. V.O. Paris joined the group at that point, followed by Cogen (2015), Translation Probst (2016), Arancho Doc (2017) and, more recently, TextMaster, the cloud-based translation solution specialist (2018).
The Technicis group now has more than 700 staff around the world and a bolstered international presence, with offices in Europe (France, Belgium, Italy, Switzerland, Spain, Finland, Germany, the UK, the Netherlands and the Czech Republic), North America (Canada and the United States) and Asia (China).
The group is hoping to achieve turnover of 100 million euros in 2018 and gain a coveted position among the international leaders in the professional translation market.
About the Technicis group
The Technicis group is one of the most dynamic players in its sector thanks to a vigorous external growth strategy. It is positioned as one of the top ten translation companies in the world, with turnover projected to be more than 100 million euros in 2018. The group's 700 employees are distributed across 13 sites in Europe (France, Belgium, Italy, Switzerland, Spain, Finland, Germany, the UK, the Netherlands and the Czech Republic), North America (Canada and the United States) and Asia (China). With a portfolio of more than 6,000 clients, the Technicis group works with most of the companies on the CAC 40 as well as with various major European and American groups.