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BUTEC Group
Source: BUTEC Group |

BUTEC Group concludes an external growth operation in Morocco, reinforcing its African footprint in the energy and environment sectors

The acquisition of EMM aligns with BUTEC Group’s growth strategy in Africa and the Middle East by combining businesses that are essential for the preservation of the environment

BUTEC Group (https://www.BUTEC.com/), a regional leader in the environment, energy and industrial construction sectors in the Middle East and North Africa, has completed the takeover of the full range of Moroccan businesses of the Société des Eaux de Marseille (SEM), a subsidiary of Veolia Group, by repurchasing the shares of Eaux…

BUTEC

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    • BUTEC Group completes the takeover of ENGIE’s 17 Energy Services companies in Africa
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Source: BUTEC |

BUTEC Group completes the takeover of ENGIE’s 17 Energy Services companies in Africa

This transaction will allow BUTEC Group to capitalize on 2000 collaborators and highly skilled executives

BUTEC (www.BUTEC.com) based in UAE, a leading contracting group in the MENA and GCC regions, has recently completed the takeover of 17 Energy Services companies in Africa previously owned by the energy global player, ENGIE Group. The acquisition process was completed on the 31st of March 2022, following the initial…

BUTEC

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    • Ziad Younes President of BUTEC Group and Philippe Miquel CEO of ENGIE SERVICE Africa signed on 31st of March 2022 the closing document of BUTEC’s acquisition of “Energy Services” businesses of ENGIE Group in Africa (1)
    • Ziad Younes President of BUTEC Group and Philippe Miquel CEO of ENGIE SERVICE Africa signed on 31st of March 2022 the closing document of BUTEC’s acquisition of “Energy Services” businesses of ENGIE Group in Africa (2)
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Source: BUTEC |

BUTEC Group completes the takeover of ENGIE’s 17 Energy Services companies in Africa

The acquisition of these 17 companies, based in 15 countries across Africa stems from the strategic decision taken by BUTEC Group to expand to Africa

BUTEC (www.BUTEC.com) based in UAE, a leading contracting group in the MENA and GCC regions, has recently completed the takeover of 17 Energy Services companies in Africa previously owned by the energy global player, ENGIE Group. The acquisition process was completed on the 31st of March 2022, following the initial…