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| Vinci creates Moroccan Facilities Management leader Through its subsidiaries Cegelec Morocco and Vinci Facilities, France's Vinci, the world's largest construction and concessions group, has formed a partnership with Caisse de Dépôt et de Gestion du Maroc with a view to acquiring a 50% stake in Exprom, a subsidiary of CDG Développement that specializes in Facilities Management. The acquisition of this stake will be accompanied by the sale by Cegelec Morocco to Exprom of its multi-technical maintenance activity. This merger, which will be submitted for approval by the competent authorities, will create Morocco's leading Facilities Management company in a steady growth, high-potential market. write your comments about the article :: © 2011 Construction News :: home page |