 | |
| Company type | Société Anonyme |
|---|---|
|
Euronext:
FGR CAC Next 20 Component | |
| ISIN | FR0000130452
 |
| Industry | Civil engineering, construction |
| Founded | 1992 |
| Headquarters | Asnières-sur-Seine, France |
Key people | Jean-François Roverato (
Chairman), Keir Gowan ( CEO) |
| Products | Residential and infrastructure construction; electrical engineering and process automation services; specialist metal construction |
| Revenue |  €18.721 billion (2021)
[1] |
|
€1.919 billion (2021)
[1] | |
| €0.777 million (2021)
[1] | |
Number of employees | 70,893 (end 2010) [2] |
| Website | www.Eiffage.com |
Eiffage S.A. (French pronunciation: [ɛfaʒ]) is a French civil engineering construction company. As of 2010 [update] it was the third largest company of its type in France, and the fifth largest in Europe. [2]
History
The company was formed in 1992 through the merger of several long standing companies, namely: Fougerolle (founded 1844), Quillery (founded 1863), Beugnet (founded 1871), and La Société Auxiliaire d'Entreprises Électriques et de Travaux Public, better known as SAE (founded in 1924). [3] [4]
The company often teamed up with other businesses for various purposes. During 2009, the British company Carillion teamed up with Eiffage to jointly pursue work in the nuclear sector. [5] Six years later, Eiffage joined with Carillion and Kier Group to pursue work on the UK's High Speed 2 project. [6] In 2016, the firm and the Australian firm Macquarie Group purchased a 46.1 percent stake in the French A41 motorway concession ADELAC for €130m. [7] Eiffage and the Italian oil services company Saipem were jointly awarded work valued at €350 million by British Petroleum on the Greater Tortue Ahmeyim Field. [8]
Eiffage has acquired other businesses on numerous occasions. [9] [10] [11] In 2013, it acquired five companies of the bankrupt Smulders Group. [12] One year later, it bought a 70 percent stake in the Canadian business Innovative Civil Constructors Inc. [13] In 2018, Eiffage bought the Swiss construction company Priora. [14] During the early 2020s, it acquired several Dutch companies, including Harwig, Eltra, and Ven den Pol Elektrotechniek. [15] [16] [17] During early 2024, it purchased the German business EQOS Energie. [18]
The company has routinely pursued substantial opportunities in the green energy sector, including the construction of hydroelectric dams, wind and solar farms. [19] [20] [21] Furthermore, acquisitions made by the company have expanded its presence in this sector. [22] Eiffage has also been involved in several sustainable construction developments, such as the building of the largest timber tower in France. [23]
Throughout the early 21st century, the company has progressively increased its stake in Getlink, the owner-operator of the Channel Tunnel. [24] In October 2022, it was announced that Eiffage has become the largest shareholder of GetLink by increasing its stake in the firm to 20.76 percent. [25] [26]
Major projects
- Channel Tunnel, completed in 1994 [27]
- Copenhagen Metro, completed in 2002 [28]
- Millau Viaduct, [2] completed in 2004 [29]
- TGV Perpignan-Figueres high-speed railway line, completed in 2009 [30]
- Stade Pierre-Mauroy, completed in 2012 [31]
- Cestas Solar Park, completed in 2015 [32]
- Conversion of Hôtel-Dieu de Lyon, completed in 2018 [33]
Eiffage is also involved in HS2 lots C2 and C3, working as part of a joint venture, due to complete in 2031. [34] The company is also involved in another joint venture to build Rail Baltica, a continuous rail link from Tallinn (Estonia) to Warsaw (Poland). [35] Other underway rail projects include Paris Métro Line 15, [36] and the Mont d'Ambin Base Tunnel. [37]
References
- ^ a b c "Preliminary Results 2021" (PDF). Eiffage. Retrieved 25 September 2022.
- ^ a b c "Eiffage - Activity Report 2010" (PDF). Eiffage. Archived from the original (PDF) on 14 May 2012. Retrieved 20 April 2017.
- ^ "Société auxiliaire d'entreprises électriques et de travaux publics". Data.bnf. Retrieved 16 November 2018.
- ^ "Eiffage Group's Heritage and History". Eiffage. Retrieved 7 July 2024.
- ^ HAWKES, ALEX (26 October 2009). "Carillion teams up with Eiffage for nuclear work". constructionnews.co.uk.
- ^ "Eiffage, Carillion and Kier announce JV for High Speed 2 project". Reuters. 24 June 2015.
- ^ Bentley, Zac (7 November 2016). "Eiffage, Macquarie buy French motorway stake for €130m". infrastructureinvestor.com.
- ^ "Eiffage-Saipem consortium wins Tortue LNG marine infrastructure deal". offshore-energy.biz. 1 March 2019.
- ^ "Acquisitions by Eiffage Energie Systemes". tracxn.com. 8 April 2024. Retrieved 7 July 2024.
- ^ "Eiffage acquires Canadian civils company". theconstructionindex.co.uk. 26 June 2014.
- ^ "Eiffage strengthens its international position by the acquisition of the Chris Vuylsteke group in the Benelux". infrapppworld.com. 29 August 2016.
- ^ Miller, Ben (27 September 2013). "Eiffage acquires Smulders Group".
- ^ "Eiffage acquires ICCI, a Canadian company" (PDF). clemessy.com. 25 June 2014.
- ^ "Eiffage acquires Swiss construction company Priora". batinfo.com. 19 March 2018.
- ^ Quirke, Joe (14 July 2022). "Eiffage expands in the Netherlands with two acquisitions". globalconstructionreview.com.
- ^ Gerrard, Neil (4 December 2023). "Eiffage aims to stay ahead in energy transition race with acquisition of Dutch firm". constructionbriefing.com.
- ^ "Eiffage Acquisition of Millau Viaduct concession company". infrapppworld.com. 14 June 2023.
- ^ "Eiffage S A : consolidates its presence in Germany in the energy sector with the acquisition of EQOS". marketscreener.co. 23 April 2024.
- ^ "Eiffage wins €120m solar project in Spain". globalconstructionreview.com. 30 October 2020.
- ^ Sweet, Rod (14 December 2022). "Eiffage lands heavy fabrication deal for big French offshore wind farm". globalconstructionreview.com.
- ^ "French consortium to develop Madagascar's biggest ever hydro project". globalconstructionreview.com. 3 June 2019.
- ^ "French builder Eiffage in talks to acquire Sun'R Group as earnings rise". mnacritique.mergersindia.com. 1 September 2022.
- ^ "Eiffage hands over France's tallest timber tower in Bordeaux". globalconstructionreview.com. 23 June 2021.
- ^ "Eiffage enters the capital of Getlink (ex Eurotunnel) by taking 5,03%". batinfo.com. 17 December 2018.
- ^ Rogers, David (31 October 2022). "Eiffage becomes largest shareholder in Channel Tunnel operator". globalconstructionreview.com.
- ^ Mbaliby, Charlotte (10 November 2023). "How French is the Channel Tunnel?". kentandsurreybylines.co.uk.
- ^ Channel Tunnel on Structurae database
- ^ Copenhagen's First Metro Line Takes Shape
- ^ Millau Viaduct on Structurae database
- ^ "Figueras–Perpignan high speed rail link". ijglobal.com. 24 June 2005.
- ^ "Grand Stade de Lille : le fiasco financier d'Eiffage". Mediacites. 31 May 2017. Retrieved 5 June 2020.
- ^ "Solar park in Cestas near Bordeaux (Gironde – France)". EIB. Retrieved 5 June 2020.
- ^ "Hôtel-Dieu de Lyon". Bureau Veritas Magazine. 1 February 2017. Retrieved 5 June 2020.
- ^ Kollewe, Julia; Topham, Gwyn (17 July 2017). "HS2 contracts worth £6.6bn awarded by UK government". The Guardian. Retrieved 13 October 2017.
- ^ Sweet, Rod (23 May 2024). "Work starts on Latvian leg of high-speed Rail Baltica". globalconstructionreview.com.
- ^ Quirke, Joe (20 December 2023). "Eiffage team wins €2.5bn Line 15 East on Grand Paris Express". globalconstructionreview.com.
- ^ Quirke, Joe (23 February 2023). "Eiffage, Systra win Lyon-to-Turin rail tunnel contract". globalconstructionreview.com.
External links
- Eiffage.com — official website (in English)
CAC Next 20 companies of France (as of 1 October 2023
[update]) | |
|---|---|
 | This French corporation or company article is a stub. You can help Wikipedia by expanding it. |
|
| |
| Company type | Société Anonyme |
|---|---|
|
Euronext:
FGR CAC Next 20 Component | |
| ISIN | FR0000130452
|
| Industry | Civil engineering, construction |
| Founded | 1992 |
| Headquarters | Asnières-sur-Seine, France |
Key people | Jean-François Roverato (
Chairman), Keir Gowan ( CEO) |
| Products | Residential and infrastructure construction; electrical engineering and process automation services; specialist metal construction |
| Revenue | €18.721 billion (2021)
[1] |
|
€1.919 billion (2021)
[1] | |
| €0.777 million (2021)
[1] | |
Number of employees | 70,893 (end 2010) [2] |
| Website | www.Eiffage.com |
Eiffage S.A. (French pronunciation: [ɛfaʒ]) is a French civil engineering construction company. As of 2010 [update] it was the third largest company of its type in France, and the fifth largest in Europe. [2]
History
The company was formed in 1992 through the merger of several long standing companies, namely: Fougerolle (founded 1844), Quillery (founded 1863), Beugnet (founded 1871), and La Société Auxiliaire d'Entreprises Électriques et de Travaux Public, better known as SAE (founded in 1924). [3] [4]
The company often teamed up with other businesses for various purposes. During 2009, the British company Carillion teamed up with Eiffage to jointly pursue work in the nuclear sector. [5] Six years later, Eiffage joined with Carillion and Kier Group to pursue work on the UK's High Speed 2 project. [6] In 2016, the firm and the Australian firm Macquarie Group purchased a 46.1 percent stake in the French A41 motorway concession ADELAC for €130m. [7] Eiffage and the Italian oil services company Saipem were jointly awarded work valued at €350 million by British Petroleum on the Greater Tortue Ahmeyim Field. [8]
Eiffage has acquired other businesses on numerous occasions. [9] [10] [11] In 2013, it acquired five companies of the bankrupt Smulders Group. [12] One year later, it bought a 70 percent stake in the Canadian business Innovative Civil Constructors Inc. [13] In 2018, Eiffage bought the Swiss construction company Priora. [14] During the early 2020s, it acquired several Dutch companies, including Harwig, Eltra, and Ven den Pol Elektrotechniek. [15] [16] [17] During early 2024, it purchased the German business EQOS Energie. [18]
The company has routinely pursued substantial opportunities in the green energy sector, including the construction of hydroelectric dams, wind and solar farms. [19] [20] [21] Furthermore, acquisitions made by the company have expanded its presence in this sector. [22] Eiffage has also been involved in several sustainable construction developments, such as the building of the largest timber tower in France. [23]
Throughout the early 21st century, the company has progressively increased its stake in Getlink, the owner-operator of the Channel Tunnel. [24] In October 2022, it was announced that Eiffage has become the largest shareholder of GetLink by increasing its stake in the firm to 20.76 percent. [25] [26]
Major projects
- Channel Tunnel, completed in 1994 [27]
- Copenhagen Metro, completed in 2002 [28]
- Millau Viaduct, [2] completed in 2004 [29]
- TGV Perpignan-Figueres high-speed railway line, completed in 2009 [30]
- Stade Pierre-Mauroy, completed in 2012 [31]
- Cestas Solar Park, completed in 2015 [32]
- Conversion of Hôtel-Dieu de Lyon, completed in 2018 [33]
Eiffage is also involved in HS2 lots C2 and C3, working as part of a joint venture, due to complete in 2031. [34] The company is also involved in another joint venture to build Rail Baltica, a continuous rail link from Tallinn (Estonia) to Warsaw (Poland). [35] Other underway rail projects include Paris Métro Line 15, [36] and the Mont d'Ambin Base Tunnel. [37]
References
- ^ a b c "Preliminary Results 2021" (PDF). Eiffage. Retrieved 25 September 2022.
- ^ a b c "Eiffage - Activity Report 2010" (PDF). Eiffage. Archived from the original (PDF) on 14 May 2012. Retrieved 20 April 2017.
- ^ "Société auxiliaire d'entreprises électriques et de travaux publics". Data.bnf. Retrieved 16 November 2018.
- ^ "Eiffage Group's Heritage and History". Eiffage. Retrieved 7 July 2024.
- ^ HAWKES, ALEX (26 October 2009). "Carillion teams up with Eiffage for nuclear work". constructionnews.co.uk.
- ^ "Eiffage, Carillion and Kier announce JV for High Speed 2 project". Reuters. 24 June 2015.
- ^ Bentley, Zac (7 November 2016). "Eiffage, Macquarie buy French motorway stake for €130m". infrastructureinvestor.com.
- ^ "Eiffage-Saipem consortium wins Tortue LNG marine infrastructure deal". offshore-energy.biz. 1 March 2019.
- ^ "Acquisitions by Eiffage Energie Systemes". tracxn.com. 8 April 2024. Retrieved 7 July 2024.
- ^ "Eiffage acquires Canadian civils company". theconstructionindex.co.uk. 26 June 2014.
- ^ "Eiffage strengthens its international position by the acquisition of the Chris Vuylsteke group in the Benelux". infrapppworld.com. 29 August 2016.
- ^ Miller, Ben (27 September 2013). "Eiffage acquires Smulders Group".
- ^ "Eiffage acquires ICCI, a Canadian company" (PDF). clemessy.com. 25 June 2014.
- ^ "Eiffage acquires Swiss construction company Priora". batinfo.com. 19 March 2018.
- ^ Quirke, Joe (14 July 2022). "Eiffage expands in the Netherlands with two acquisitions". globalconstructionreview.com.
- ^ Gerrard, Neil (4 December 2023). "Eiffage aims to stay ahead in energy transition race with acquisition of Dutch firm". constructionbriefing.com.
- ^ "Eiffage Acquisition of Millau Viaduct concession company". infrapppworld.com. 14 June 2023.
- ^ "Eiffage S A : consolidates its presence in Germany in the energy sector with the acquisition of EQOS". marketscreener.co. 23 April 2024.
- ^ "Eiffage wins €120m solar project in Spain". globalconstructionreview.com. 30 October 2020.
- ^ Sweet, Rod (14 December 2022). "Eiffage lands heavy fabrication deal for big French offshore wind farm". globalconstructionreview.com.
- ^ "French consortium to develop Madagascar's biggest ever hydro project". globalconstructionreview.com. 3 June 2019.
- ^ "French builder Eiffage in talks to acquire Sun'R Group as earnings rise". mnacritique.mergersindia.com. 1 September 2022.
- ^ "Eiffage hands over France's tallest timber tower in Bordeaux". globalconstructionreview.com. 23 June 2021.
- ^ "Eiffage enters the capital of Getlink (ex Eurotunnel) by taking 5,03%". batinfo.com. 17 December 2018.
- ^ Rogers, David (31 October 2022). "Eiffage becomes largest shareholder in Channel Tunnel operator". globalconstructionreview.com.
- ^ Mbaliby, Charlotte (10 November 2023). "How French is the Channel Tunnel?". kentandsurreybylines.co.uk.
- ^ Channel Tunnel on Structurae database
- ^ Copenhagen's First Metro Line Takes Shape
- ^ Millau Viaduct on Structurae database
- ^ "Figueras–Perpignan high speed rail link". ijglobal.com. 24 June 2005.
- ^ "Grand Stade de Lille : le fiasco financier d'Eiffage". Mediacites. 31 May 2017. Retrieved 5 June 2020.
- ^ "Solar park in Cestas near Bordeaux (Gironde – France)". EIB. Retrieved 5 June 2020.
- ^ "Hôtel-Dieu de Lyon". Bureau Veritas Magazine. 1 February 2017. Retrieved 5 June 2020.
- ^ Kollewe, Julia; Topham, Gwyn (17 July 2017). "HS2 contracts worth £6.6bn awarded by UK government". The Guardian. Retrieved 13 October 2017.
- ^ Sweet, Rod (23 May 2024). "Work starts on Latvian leg of high-speed Rail Baltica". globalconstructionreview.com.
- ^ Quirke, Joe (20 December 2023). "Eiffage team wins €2.5bn Line 15 East on Grand Paris Express". globalconstructionreview.com.
- ^ Quirke, Joe (23 February 2023). "Eiffage, Systra win Lyon-to-Turin rail tunnel contract". globalconstructionreview.com.
External links
- Eiffage.com — official website (in English)
CAC Next 20 companies of France (as of 1 October 2023
[update]) | |
|---|---|
| This French corporation or company article is a stub. You can help Wikipedia by expanding it. |