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Benzinga
Benzinga
Business
Akanksha Bakshi

Why Accenture Is Investing In French Advisory Firm Orlade Group

Accenture ACN PMO
Warsaw,,Poland,-,May,2020:,Accenture,Company,Logo,On,Office

Accenture (NYSE:ACN) said it plans to buy French advisory firm Orlade Group to strengthen its management of large capital projects. Orlade's subsidiaries Op2 and pmO specialize in project planning and execution for industries such as nuclear energy, transportation, defense, and space.

The deal would bring about 200 professionals, mostly in Paris and Bordeaux, with additional offices in Montréal and Brisbane. These teams would join Accenture's Industry X unit, which focuses on infrastructure and capital projects.

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