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Eiffage S.A.

Company type	Société Anonyme
Traded as	Euronext: FGR CAC Next 20 Component
ISIN	FR0000130452
Industry	Civil engineering, construction
Founded	1992; 32 years ago (1992)
Headquarters	Asnières-sur-Seine, France
Key people	Jean-François Roverato (Chairman), Keir Gowan (CEO)
Products	Residential and infrastructure construction; electrical engineering and process automation services; specialist metal construction
Revenue	€21.83 billion (2023)
Operating income	€2.35 billion (2023)
Net income	€1.01 billion (2023)
Number of employees	70,893 (end 2010)
Website	www.Eiffage.com

Eiffage S.A. (French pronunciation: [ɛfaʒ]) is a French civil engineering construction company. As of 2010 it was the third largest company of its type in France, and the fifth largest in Europe.

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).

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. Six years later, Eiffage joined with Carillion and Kier Group to pursue work on the UK's High Speed 2 project. 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. Eiffage and the Italian oil services company Saipem were jointly awarded work valued at €350 million by BP on the Greater Tortue Ahmeyim Field.

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

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

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

Major projects

• Channel Tunnel, completed in 1994
• Copenhagen Metro, completed in 2002
• Millau Viaduct, completed in 2004
• TGV Perpignan-Figueres high-speed railway line, completed in 2009
• Stade Pierre-Mauroy, completed in 2012
• Cestas Solar Park, completed in 2015
• Conversion of Hôtel-Dieu de Lyon, completed in 2018

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

References

1. ^ "Annual Results 2023" (PDF). Eiffage. Retrieved 28 February 2024.
2. ^ "Eiffage - Activity Report 2010" (PDF). Eiffage. Archived from the original (PDF) on 14 May 2012. Retrieved 20 April 2017.
3. "Société auxiliaire d'entreprises électriques et de travaux publics". Data.bnf. Retrieved 16 November 2018.
4. "Eiffage Group's Heritage and History". Eiffage. Retrieved 7 July 2024.
5. HAWKES, ALEX (26 October 2009). "Carillion teams up with Eiffage for nuclear work". constructionnews.co.uk.
6. "Eiffage, Carillion and Kier announce JV for High Speed 2 project". Reuters. 24 June 2015.
7. Bentley, Zac (7 November 2016). "Eiffage, Macquarie buy French motorway stake for €130m". infrastructureinvestor.com.
8. "Eiffage-Saipem consortium wins Tortue LNG marine infrastructure deal". offshore-energy.biz. 1 March 2019.
9. "Acquisitions by Eiffage Energie Systemes". tracxn.com. 8 April 2024. Retrieved 7 July 2024.
10. "Eiffage acquires Canadian civils company". theconstructionindex.co.uk. 26 June 2014.
11. "Eiffage strengthens its international position by the acquisition of the Chris Vuylsteke group in the Benelux". infrapppworld.com. 29 August 2016.
12. Miller, Ben (27 September 2013). "Eiffage acquires Smulders Group".
13. "Eiffage acquires ICCI, a Canadian company" (PDF). clemessy.com. 25 June 2014.
14. "Eiffage acquires Swiss construction company Priora". batinfo.com. 19 March 2018.
15. Quirke, Joe (14 July 2022). "Eiffage expands in the Netherlands with two acquisitions". globalconstructionreview.com.
16. Gerrard, Neil (4 December 2023). "Eiffage aims to stay ahead in energy transition race with acquisition of Dutch firm". constructionbriefing.com.
17. "Eiffage Acquisition of Millau Viaduct concession company". infrapppworld.com. 14 June 2023.
18. "Eiffage S A : consolidates its presence in Germany in the energy sector with the acquisition of EQOS". marketscreener.co. 23 April 2024.
19. "Eiffage wins €120m solar project in Spain". globalconstructionreview.com. 30 October 2020.
20. Sweet, Rod (14 December 2022). "Eiffage lands heavy fabrication deal for big French offshore wind farm". globalconstructionreview.com.
21. "French consortium to develop Madagascar's biggest ever hydro project". globalconstructionreview.com. 3 June 2019.
22. "French builder Eiffage in talks to acquire Sun'R Group as earnings rise". mnacritique.mergersindia.com. 1 September 2022.
23. "Eiffage hands over France's tallest timber tower in Bordeaux". globalconstructionreview.com. 23 June 2021.
24. "Eiffage enters the capital of Getlink (ex Eurotunnel) by taking 5,03%". batinfo.com. 17 December 2018.
25. Rogers, David (31 October 2022). "Eiffage becomes largest shareholder in Channel Tunnel operator". globalconstructionreview.com.
26. Mbaliby, Charlotte (10 November 2023). "How French is the Channel Tunnel?". kentandsurreybylines.co.uk.
27. Channel Tunnel on Structurae database
28. Copenhagen's First Metro Line Takes Shape
29. Millau Viaduct on Structurae database
30. "Figueras–Perpignan high speed rail link". ijglobal.com. 24 June 2005.
31. "Grand Stade de Lille : le fiasco financier d'Eiffage". Mediacites. 31 May 2017. Retrieved 5 June 2020.
32. "Solar park in Cestas near Bordeaux (Gironde – France)". EIB. Retrieved 5 June 2020.
33. "Hôtel-Dieu de Lyon". Bureau Veritas Magazine. 1 February 2017. Retrieved 5 June 2020.
34. Kollewe, Julia; Topham, Gwyn (17 July 2017). "HS2 contracts worth £6.6bn awarded by UK government". The Guardian. Retrieved 13 October 2017.
35. Sweet, Rod (23 May 2024). "Work starts on Latvian leg of high-speed Rail Baltica". globalconstructionreview.com.
36. Quirke, Joe (20 December 2023). "Eiffage team wins €2.5bn Line 15 East on Grand Paris Express". globalconstructionreview.com.
37. Quirke, Joe (23 February 2023). "Eiffage, Systra win Lyon-to-Turin rail tunnel contract". globalconstructionreview.com.

External links

• Eiffage.com — official website (in English)

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