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Announced

Completed

Spie Batignolles completed the acquisition of Pieux Ouest.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Acquisition

France

concrete contractor

Domestic

Private

Friendly

Completed

Cement

Synopsis

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Spie Batignolles, a French construction company based in Neuilly-sur-Seine, completed the acquisition of Pieux Ouest, a concrete contractor. Financial terms were not disclosed. "This acquisition will help enrich our offer in special foundations, to meet local projects, in Ile-de-France in particular, where Pieux Ouest achieves around 60% of its activity. The excellent reputation of the company and the quality of its qualified staff constitute real assets to strengthen the development of our activity," Olivier Peter, Spie Batignolles Managing Director.

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