Announced
Completed
Synopsis
Altrad, a construction engineering company, completed the acquisition of Endel, a provider of industrial maintenance and energy services, from Engie, a French multinational utility company. Financial terms were not disclosed. "Engie's aim, and its responsibility, is to find a solid shareholder for Endel – one with a viable plan with the managerial and financial capabilities required to support its industrial and social growth, thus benefiting its clients. The proposal that the Altrad Group and its teams have put together showcases the high-level expertise of Endel's teams and will incorporate the company into a fast-growing, high-performance industrial group," Catherine MacGregor, Engie CEO.
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