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Fri March 29 2024

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Eiffage buys Dutch electrical contractors

12 Jul 22 French civil engineering contractor Eiffage has strengthened its position in the Netherlands with the acquisition of two electrical systems specialists, Harwig and Eltra.

In April Eiffage Énergie Systèmes acquired a 70% stake in Harwig through its Dutch subsidiary Kropman. Harwig is a 190-employee company specialising in the design and construction of electrical installations such as fire safety systems, as well as services and maintenance.

In 2021 Harwig generated revenues of €26.7 million (£22.6 million).

In July, Kropman also acquired a 65% stake in Eltra, a company specialising in the design, construction and maintenance of automation systems for the manufacturing industry. Eltra turned over €11.4 million in 2021.

Eiffage acquired a controlling 51% stake in Kropman back in 2018. It has since consolidated its position and now owns 65.7% of the business.

Kropman is an electrical and mechanical engineering specialist which also manufactures contamination monitoring and control systems. Last year the company, which employs around 800 people, generated income of €188 million.

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