NewswireToday - /newswire/ -
Cologne, Germany, 2015/02/05 - GDF SUEZ Group today announced the completion of the acquisition of Lahmeyer through its subsidiary Tractebel Engineering (Belgium), as announced by the Group on September 15th 2014 - Tractebel-Engineering-GDFSUEZ.com / Lahmeyer.de.
The successful finalisation of this transaction has paved the way for Tractebel Engineering and Lahmeyer to take the first steps of their joint journey towards worldwide leadership and excellence in energy, water and infrastructure.
Lahmeyer, a company based in Germany was previously owned by Capiton GmbH. Lahmeyer (lahmeyer.de) as a leading consultancy engineering company specialised in energy and water, and infrastructure projects generates around 80% of its revenues outside of Europe, namely in Africa, Asia and the Middle East.
The new entity will be able to deliver technical and project management services from a broader platform. With a combined staff of 4400 experts, a local presence in 34 countries and projects in over 140 countries, annual revenues will reach €600 million.
This acquisition is fully in line with the Group strategy of GDF SUEZ to further develop the energy services business on a broad international scale. The resulting stronger engineering resources will also reinforce the Group for the development of new projects worldwide.
Finalisation of the transaction has taken place on December 23rd 2014, following customary closing conditions and regulatory approvals.
About Tractebel Engineering
With about 4.400 staff around the world, Tractebel Engineering (Belgium) is one of the world’s major specialized engineering companies. Tractebel Engineering (tractebel-engineering-gdfsuez.com) offers state-of-the-art engineering and consulting solutions to power, nuclear, gas, industry and infrastructure customers in the public and private sector. Tractebel Engineering is part of GDF SUEZ Energy Services, one of the business lines of GDF SUEZ.
About GDF SUEZ
GDF SUEZ develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges. GDF SUEZ employs 147,200 people worldwide and achieved revenues of €81.3 billion in 2013. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).