Škoda completed the acquisition of Cegelec from VINCI.

Synopsis

Škoda, a transport manufacturer, completed the acquisition of Cegelec, an electrical components provider, from VINCI, a concessions and construction company. Financial terms were not disclosed.

Principals

target

CEGELEC

bidder

Škoda Group

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Market Context

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Bidder Team (1)

petr novotný

CEO at ŠKODA GROUP

Manager

bidder

Deal

n/a

Total Value

Vendor Team (1)

xavier huillard

Chairman and CEO at VINCI ENERGIES

Manager

vendor

Deals

£ 4.76 B

Total Value

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