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Thu September 16 2021

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Eiffage buys offshore wind specialist

26 Sep 13 Eiffage Metal has signed a deal to acquire the main entities of the Smulders group: Smulders, Iemants, Willems and Spomasz.

The deal is intended to strengthen Eiffage’s presence on the offshore energy market and in particular the wind sector. The investment also permits the development of Eiffage Metal in its its traditional businesses of offshore energy and construction schemes abroad, in Northern Europe in particular.

The acquired businesses will generate about €200m (£168m) of revenues during the whole of this year and have 770 employees located in Belgium, Netherlands and Poland.

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