Strengthening of the Eiffage group in offshore metal construction
Following a year of cooperation, the Metal branch of Eiffage has signed, subject to a number of conditions precedents, 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, the most important since 2008, 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 will also permit 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.