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Vinci SA acquired PrimeLine Utility Services from First Reserve.

Synopsis

Vinci SA acquired PrimeLine Utility Services, a U.S. company specialising in the energy and telecommunications infrastructure sectors, from First Reserve. Financial terms were not disclosed. This acquisition reflects VINCI Energies' strategy of deploying its business activities in North America and expanding the energy infrastructure activities provided by its Omexom brand. In the United States, VINCI Energies already operates in the industrial and telecommunication sectors, especially through its subsidiaries INP, Redtoo and Mentor.

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