News | Deal Announcements

DFDL advised Alten, a French listed multinational company, in its acquisition of VMO Holdings, a global IT services provider headquartered in Vietnam

Alten is a multinational group specialized in engineering and technology consulting, listed on Euronext Paris. Established on five continents, the group generated over EUR 4 billion annual revenue in 2023.

DFDL was lead counsel to advise Alten on its acquisition of VMO Holdings, an IT company headquartered in Vietnam, with a global footprint across Asia Pacific and North America. The transaction, which involved 6 different jurisdictions, required a sophisticated and precise approach to local laws to ensure the success of the project: DFDL assisted in Vietnam, Thailand and Singapore with the deal structuring, negotiations, documents drafting and closing, while coordinating with other local counsels in Japan, South Korea and the United States. DFDL also coordinated regionally with banks, auditors and advisors involved in the deal.

The transaction showcased specific intricacies relevant to the cross-border transfer of funds, successfully navigated by DFDL Vietnamese and regional team, led by its Regional Managing Partner Audray Souche and Vietnam Co-Managing Director Hanh Tran. Key team members include: Thierry Gougy, Tu Can, Benjamine Medeville, Nipaporn Supha-utchaichan, Uyen Le, Ngan Tran and Benjawan Butkrut.

Alten’s strategic investment will support VMO’s growth while enriching its portfolio of technology offering to international clients. DFDL was delighted to assist the management team of Alten on this landmark tech deal in Vietnam .