VINCI Energies acquires the company Imhoff and strengthens its HVAC expertise in Eastern France
30 November 2006 - Acquisitions - France
VINCI Energies has just acquired Imhoff, one of the leading French environmental engineering (HVAC) companies. Based in Gérardmer, in the Vosges, the company has annual revenue of about €46 million and employs 330 people.
Imhoff has a major presence in Eastern France, with establishments at Epinal, Mulhouse, Strasbourg and Xonrupt, and has both public and private customers in the tertiary and industrial sectors.
This acquisition will enable VINCI Energies to strengthen its presence in Eastern France and its HVAC works and maintenance expertise. It continues the development policy of VINCI Energies, which has completed a number of external growth transactions in Europe in 2006 representing business worth €160 million in a full year.
In 2005 VINCI Energies had revenue of Ñä3.5 billion, 30% of which was earned outside France. It is established in 18 European countries with a network of 700 companies employing more than 27,000 people.
VINCI is a global player in concessions and contracting, employing close to 211,000 people in some 100 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s goal is to create long-term value for its customers, shareholders, employees, and partners and for society at large.