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| Eiffage acquires the Smulders group The Metal branch of Eiffage, a major French civil engineering group, has signed a contract for the acquisition of the main entities of the Smulders group: Smulders, Iemants, Willems and Spomasz. The acquired businesses will generate about €200 million of revenues for 2013 (for the full year) with 770 employees located in Belgium, Netherlands and Poland. With this acquisition, Eiffage is strengthening its presence on the offshore energy market and in particular the wind one for which Smulders is a key player. This investment also permits the development of the Metal branch on its traditional businesses of the offshore energy and complex metal based constructions abroad and in Northern Europe in particular. Eiffage is the fourth-largest construction and concessions company in Europe. The Group's activities are organised as five business lines (construction, civil works, energy, metal and concessions with PPPs). write your comments about the article :: © 2013 Construction News :: home page |