MergerLinks Header Logo

Announced

BUTEC Group to acquire the energy services businesses in Africa from ENGIE.

Synopsis

BUTEC Group, a group active in construction and services sector, agreed to acquire the energy services businesses in Africa from ENGIE, a global energy firm. Financial terms were not disclosed. “The acquisition of the “Energy Services” businesses of ENGIE Group in Africa aligns perfectly with the growth strategy of BUTEC Group, by allowing us to expand geographically in the continent, a promising market in which BUTEC is already present, and by combining the know-how and business expertise of the existing teams that will complement the “Energy Services” activities of the Group. We are very confident that the teams of the acquired companies will rapidly integrate the BUTEC family and fit in perfectly with our strong corporate culture, built over a long history of successes shared by the Group, its shareholders, employees and clients," Ziad Younes, BUTEC Group Chairman.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US