IT services provider Atos Origin SA has disposed of its strategy consulting division Nolan, Norton & Co in a management buy-out.
Paris, France-based Atos originally acquired NNC as part of its takeover of KPMG Consulting in August 2002. Despite the sell-off, Atos said that it would continue to work closely with NNC.
Last week, Atos announced that it had sold its Middle Eastern operation to its management team. Following the sale, Atos said it had achieved its goal of selling assets with 500m euros ($597m) of combined annual revenue following its takeover of Sema Group in January 2004.