FRANCE - CDC-backed Artesys buys Naviline

The external acquisition follows the purchase of Osiex in 2004. CDC Capital Innovation purchased a third of information services company Artesys alongside founder Eric Chenneveau and the management in 2008.

Paris-based Artesys, founded in 2002, provides turnkey services in maintaining operating conditions for sensitive production platforms, emergency solutions, organisational problems, process standardisation and management solutions.

Naviline, founded in 1997, is an IT service management company.

The combined entity has 120 employees and a turnover of EUR 25m in 2008.

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