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Bouygues Construction and Colas finalise the acquisition of Alpiq Engineering Services

31 July 2018
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After obtaining the approval of the European and Swiss competition authorities, Bouygues Construction and Colas Rail, subsidiary of Colas completed on July 31st, 2018 the acquisition of all the shares of Alpiq InTec AG (Zurich) and Kraftanlagen München GmbH (Munich) whose activities were grouped within Alpiq Engineering Services. On March 26st 2018, Bouygues Construction and Colas Rail were selected by the Alpiq Group to acquire these activities.

Alpiq InTec and Kraftanlagen München are specialized in multi-technical services activities for the building industry and for energy, industrial and transport infrastructures. All these businesses employ close to 7,650 people and generated a turnover of CHF 1.7 billion in 2017, mainly in Switzerland (57%), Germany (24%) and Italy (12%). This acquisition positions Bouygues Telecom as a major player in energy and services in Europe and is thus, fully in line with its development strategy in this buoyant market.

With this operation, Bouygues Construction strengthen its position in Switzerland in activities that are complementary to those of its affiliates Bouygues Energies and Services Suisse, Losinger Marazzi VSL and PraderLosinger. In addition, Alpiq Engineering Services recognized expertise will also enable Bouygues Construction to expand its portfolio of offers, especially in the management of complex projects in industry and energy production. Alpiq Engineering Services provides the opportunity of entering new major markets in Europe, such as Germany and Italy.

Furthermore, the acquisition of Alpiq Engineering Services rail activities by Colas Rail enables Colas’ subsidiary to reinforce its expertise in the field of catenaries, an activity with a strong added value to access to new growing markets. Colas Rail, major player in the rail industry, completes its portfolio of solutions and expertise, penetrating the Swiss and Italian markets while reinforcing its presence in Central Europe and in the United Kingdom.

This acquisition was completed on the basis of a company value of CHF 850 million (CHF 700 million for Bouygues Construction and CHF 150 million for Colas Rail). The price paid on closing for the acquisition of all securities was paid in cash.

  • Press release - Alpiq Engineering Services acquisition
    pdf, 162 ko