Vinci Construction’s nuclear arm buys €85m scaffolding and thermal insulation specialist

Neil Gerrard Senior Editor, Construction Briefing

02 July 2024

Vinci Construction’s Nuvia subsidiary, which specliases in projects in the nuclear sector has finalized a deal to buy MBO Groupe.

Vinci logo on a wall Image: Reuters

MBO Groupe is an industrial services company with expertise in scaffolding, thermal insulation and confinement. It is also active in the nuclear sector where it provides maintenance services and works on large, complex new-build projects.

MBO Groupe generated around €85 million (US$91.1 million) in 2023 and has 15 sites in France and 500 employees.

It is the latest in a string of acquisitions at the wider Vinci group, after it completed its purchase of a majority shareholding in Edinburgh Airport and bought a 20% share in Budapest Liszt Ferenc International Airport in Hungary, both via its Vinci Airports arm last month.

Meanwhile, at the start of June, Vinci Construction acquired two companies in North America specialising in road works – Newport Construction based in New Hampshire in the US and Entreprises Marchand & Frères (EMF) in Canada.

France Mergers & acquisitions Construction Nuclear
STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK – Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA