€99.760 The share price fell by -1.18 %   19/11/2024 12:15

VINCI finalises acquisition of MBO Groupe

2 July 2024 - 8:45 am - Acquisitions - France

◼ MBO Groupe is a prominent French player in industrial services in general, and particularly active in the nuclear sector
◼ Its 500 employees generated €85 million in revenue in 2023
◼ The acquisition strengthens Nuvia’s range of expertise

Nuvia, VINCI Construction’s subsidiary specialised in projects and services in the nuclear sector, has finalised the acquisition of MBO Groupe, a prominent player in thermal insulation, scaffolding and confinement in France.

The company is active in a variety of industrial areas, including the nuclear sector where it provides maintenance services and works on large complex new-build projects.

MBO Groupe’s 500 employees at some 15 bases generated around €85 million in revenue in 2023.

The acquisition strengthens Nuvia’s range of industrial services, in particular in the nuclear sector.

 

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.