Eiffage

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Template:Short description Script error: No such module "Infobox".Template:Template otherScript error: No such module "Check for conflicting parameters".Script error: No such module "Check for unknown parameters". Eiffage S.A. (Script error: No such module "IPA".) is a French civil engineering construction company. since 2010Template:Dated maintenance category (articles)Script error: No such module "Check for unknown parameters". it was the third largest company of its type in France, and the fifth largest in Europe.[1]

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).[2][3]

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.[4] Six years later, Eiffage joined with Carillion and Kier Group to pursue work on the UK's High Speed 2 project.[5] In 2016, the firm and the Australian firm Macquarie Group purchased a 46.1 percent stake in the French A41 autoroute concession ADELAC for €130m.[6] Eiffage and the Italian oil services company Saipem were jointly awarded work valued at €350 million by BP on the Greater Tortue Ahmeyim Field.[7]

Eiffage has acquired other businesses on numerous occasions.[8][9][10] In 2013, it acquired five companies of the bankrupt Smulders Group.[11] One year later, it bought a 70 percent stake in the Canadian business Innovative Civil Constructors Inc.[12] In 2018, Eiffage bought the Swiss construction company Priora.[13] During the early 2020s, it acquired several Dutch companies, including Harwig, Eltra, and Ven den Pol Elektrotechniek.[14][15][16] During early 2024, it purchased the German business EQOS Energie.[17]

The company has routinely pursued substantial opportunities in the green energy sector, including the construction of hydroelectric dams, wind and solar farms.[18][19][20] Furthermore, acquisitions made by the company have expanded its presence in this sector.[21] Eiffage has also been involved in several sustainable construction developments, such as the building of the largest timber tower in France.[22]

Throughout the early 21st century, the company has progressively increased its stake in Getlink, the owner-operator of the Channel Tunnel.[23] 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.[24][25]

Major projects

Eiffage is also involved in HS2 lots C2 and C3, working as part of a joint venture, due to complete in 2031.[33] The company is also involved in another joint venture to build Rail Baltica, a continuous rail link from Tallinn (Estonia) to Warsaw (Poland).[34] Other underway rail projects include Paris Métro Line 15,[35] and the Mont d'Ambin Base Tunnel.[36]

References

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  7. ↑ Script error: No such module "citation/CS1".
  8. ↑ Script error: No such module "citation/CS1".
  9. ↑ Script error: No such module "citation/CS1".
  10. ↑ Script error: No such module "citation/CS1".
  11. ↑ Script error: No such module "citation/CS1".
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  13. ↑ Script error: No such module "citation/CS1".
  14. ↑ Script error: No such module "citation/CS1".
  15. ↑ Script error: No such module "citation/CS1".
  16. ↑ Script error: No such module "citation/CS1".
  17. ↑ Script error: No such module "citation/CS1".
  18. ↑ Script error: No such module "citation/CS1".
  19. ↑ Script error: No such module "citation/CS1".
  20. ↑ Script error: No such module "citation/CS1".
  21. ↑ Script error: No such module "citation/CS1".
  22. ↑ Script error: No such module "citation/CS1".
  23. ↑ Script error: No such module "citation/CS1".
  24. ↑ Script error: No such module "citation/CS1".
  25. ↑ Script error: No such module "citation/CS1".
  26. ↑ Channel Tunnel on Structurae database
  27. ↑ Copenhagen's First Metro Line Takes Shape
  28. ↑ Millau Viaduct on Structurae database
  29. ↑ Script error: No such module "citation/CS1".
  30. ↑ Script error: No such module "citation/CS1".
  31. ↑ Script error: No such module "citation/CS1".
  32. ↑ Script error: No such module "citation/CS1".
  33. ↑ Script error: No such module "citation/CS1".
  34. ↑ Script error: No such module "citation/CS1".
  35. ↑ Script error: No such module "citation/CS1".
  36. ↑ Script error: No such module "citation/CS1".

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External links

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