Establishment of ELITT SAS, resulting from the merger of the ELITT testing laboratory and the PayCert certification body. ELITT SAS is rolling out its new range of services under its two long-standing brands, ELITT and PayCert.
The conference announcing the merger of two long-standing subsidiaries of the CB Investissements holding company — ELITT and PayCert — into ELITT SAS marks a significant milestone in the implementation of a new strategic direction and in offering a broader range of complementary services.
The conference is being held today in Colombelles, a French town located in the Caen area in the Normandy region, with Jean-Paul Mazoyer, Chair of the CB Executive Board and Director of CB Investissements, Philippe Laulanie, Chair of ELITT SAS and Chairman of CB Investissements, Jean-Pierre Dubord, CEO of ELITT SAS; Joël Bruneau, Mayor of Caen and President of the CaenLa-Mer metropolitan area; Dominique Goutte, President of Caen Normandie Développement; Aminthe Renouf, Regional Councillor for Normandy, representing Hervé Morin, President of the Normandy Region; and Delphine Vacquez, Director of Corporate Relations and Partnerships at ENSICAEN.
ELITT, the testing laboratory, and PayCert, the certification body — both historically wholly owned by CB Investissements — merged to form ELITT SAS on 1 January 2024.
Comprising two divisions — the ELITT testing laboratory and the PayCert certification body — ELITT SAS has decided to retain the original brands and the specific business policies of each entity in order to maintain impartiality and ensure business continuity and customer satisfaction.
Jean-Pierre Dubord, CEO of ELITT SAS, oversees day-to-day operations, while Philippe Laulanie, Chair of ELITT SAS, directs the company’s strategy.
ELITT SAS will continue to take full advantage of its presence in Caen, Normandy, particularly through meaningful interactions with political and economic stakeholders in the city of Caen via the Caen Normandie Développement agency, as well as through political support and funding from the Normandy Region — notably to finance R&D projects via AD Normandie, the Normandy Development Agency, and through the recruitment of talent from the ENSICAEN engineering school — the first and only school in France specialising in electronic banking — as well as from the University of Caen, which offers courses tailored to secure electronic transactions.
Philippe Laulanie, Chairman of ELITT SAS, stated, stated:"The merger between ELITT and PayCert marks a major step forward in our commitment to excellence and security in card and mobile payments. It is also a vivid demonstration of one of the CB Group’s priorities: fostering inclusion at the local level — in this case, in the Caen area and Normandy, regions known for their expertise and economic vitality."
Jean-Pierre Dubord, CEO of ELITT SAS, adds: "This merger between ELITT and PayCert is an important step in strengthening our position in the secure electronic transactions sector, particularly in the area of card and mobile payments. This merger enables us to become a true one-stop shop and provide a turnkey service to all our partners and customers."
