AT LANGUAGEWORLD

AT Language Solutions successfully takes over Aabam Traducciones, S.L. within the expected time frame.

Barcelona, 1 October 2019

AT Language Solutions, a company specializing in B2B translation technology and services, completed the technological integration of the new offices from where it will begin operations in Madrid, alongside the migration of Aabam's nearly five hundred clients in Spain and abroad, to AT's unified information systems. This timely, incident-free process brings to an end to Aabam Traducciones, whose tangible and intangible assets have become definitively consolidated with AT Language Solutions.

Since its acquisition last April, subsequent actions have been undertaken as part of the integration plan, including the launch of unified IT systems, the implementation of common workplace tools and the recent move to more central and spacious offices to favour the evolution as a single team. However, the acquisition has always focused on the seamless takeover of intangible assets, with special attention paid to customer opinion and perceived reputation. Throughout the six-month roll-out of the integration plan, AT has maintained the usual operations for Aabam clients, including their contact persons and negotiated rates.

Stéphane Magnard, CEO of AT Language Solutions, has expressed her satisfaction with the process: "We have successfully completed the takeover within the planned period and without any incidents. From the very beginning, our intention was to take the utmost care of Aabam's clients in order to ensure the acquisition would not impact their experience. We are now beginning a new phase with renewed commercial momentum and new products and services across all channels".

As of today, having completed the takeover plan, Aabam Traducciones is no longer in operation. A consolidation phase is now underway, which will be assessed over a period of six to twelve months and which, if positive, could open the door to more acquisitions by AT Language Solutions in the near future.