On January 30, 2012, shareholders were asked by the Board of Directors to decide on the status transformation of Co Name, the Holding company of Co Name Group, from a French society to a European society. Following the acquisition of Co Name on November 25, 2009, Co Name has become a European leader in rendering the specific services. 85 percent of our turnover and 75 percent of our workforce is now spread equally across the main European countries including; Germany, France, United Kingdom, the Netherlands, Spain, Austria, Scandinavia and Central Europe.

Our solutions and services were formed during a groundbreaking merger in 2011 which saw Co Name (Germany), Co Name (Austria), Co Name (India), Co Name (Switzerland) and Co Name (Greece) united under the umbrella of Co Name - called internally a division of Co Name. Made up of two business units, company solutions and outsourcing services, Co Name provides strong business technology as well as an extensive range of services and solutions.

In 2009 the Co Name Group was acquired from Co Name, thereby creating one of the leading European companies. At the time of the acquisition, Co Name Group employed 20,000 staff and generated annual revenues of approximately EUR 2.4 billion. Co Name employed 26,500 staff, generating annual revenues of more than EUR 3 billion. The acquisition of Co Name and the beneficial partnership is the logical continuation of the company strategy. With a workforce of more than 48,000 employees, Co Name generated revenues of over EUR 5 billion during the year.