Free press releases distribution network?

More news: Energy
Agency / Source: GDF SUEZ | ENGIE

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



GDF SUEZ, Via Tractebel Engineering, Becomes A Leading World Player in Engineering Services Through the Acquisition of Lahmeyer - GDF SUEZ through its subsidiary Tractebel Engineering today announced the purchase of Lahmeyer, a company based in Germany and owned by Capiton GmbH - Tractebel-Engineering-GDFSUEZ.com  / Lahmeyer.com
GDF SUEZ, Via Tractebel Engineering, Becomes A Leading World Player in Engineering Services Through the Acquisition of Lahmeyer

 

PRZOOM - /newswire/ - Paris, Ile-de-France, France, 2014/09/15 - GDF SUEZ through its subsidiary Tractebel Engineering today announced the purchase of Lahmeyer, a company based in Germany and owned by Capiton GmbH - Tractebel-Engineering-GDFSUEZ.com / Lahmeyer.com. FR0010 208488

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Lahmeyer is a leading consultancy engineering company specialised in energy and water infrastructures that generates around 80% of its revenues (135 M€) outside of Europe, namely in Africa, Asia and the Middle East. Lahmeyer enjoys a strong international reputation, capitalising on a deep technical know-how reflected in its long track record as a niche player.

This acquisition valued at an EBITDA multiple slightly below 8 is a perfect strategic fit for GDF SUEZ to pursue through Tractebel Engineering its international development and growth. Tractebel Engineering, with a turnover of €470 million is a leading engineering company specialised in energy and smart infrastructure. It will benefit from Lahmeyer’s typical major references: Quarayyah Combined Cycle Power Plant 3800 MW in Saudi Arabia, Power Network Transmission in Abu Dhabi, Ethiopa-Kenia high voltage interconnector, Baglihar Hydro Power Plant 2×450 MW in India …

Typical major references of Tractebel Engineering: Gibe 1800 MW Hydro Power in Ethiopia, Rogun 3600 MW Hydro Power Plant in Tajikistan, Power Developments in Mauritania, LNG terminal in Shanghai, 2800 km high voltage transmission lines in Brazil, coastal flood protection in Ghana, Tihange Nuclear Power Plant long term operation…

The new combination will create a leading world player in consultancy engineering services specialised in energy and infrastructure. With a staff of 4400 experts with local presence in 34 countries its annual revenues will reach €600 million. The new combined entity will be able to deliver technical and project management services from a broader platform thus serving more clients in more markets, especially in Africa, Asia, Europe, Latin America and the Middle East.

As stressed by Jérôme Tolot, CEO of the Energy Services business line of GDF SUEZ, «This acquisition is fully in line with the Group strategy to further develop the energy services business on a broad international scale. The resulting stronger engineering resources will also reinforce the Group for the development of new projects worldwide».

Finalisation of the transaction will take place before year end 2014 following customary closing conditions and regulatory approvals.

About Tractebel Engineering strong
With about 3,000 staff around the world, Tractebel Engineering (GDF SUEZ) is one of the world’s major specialized engineering companies. Tractebel Engineering (tractebel-engineering-gdfsuez.com) offers state-of-the-art engineering and consulting solutions to power, nuclear, gas, industry and infrastructure customers in the public and private sector. Tractebel Engineering is part of GDF SUEZ Energy Services, one of the business lines of GDF SUEZ.

About GDF SUEZ
GDF SUEZ (gdfsuez.com) develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services. GDF SUEZ employs 147,200 people worldwide and achieved revenues of €81,3 billion in 2013. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).

About Lahmeyer Group
Lahmeyer (lahmeyer.com) is an international leading multi-disciplinary consulting engineering and project management services group with a clear focus on the global megatrends energy and water. Founded in 1890 in Frankfurt with headquarter in Bad Vilbel near Frankfurt, has subsidiaries in 19 countries and has around 1400 staff. Lahmeyer has a longstanding customer relationship with utilities, financing institutions, development banks and industrial conglomerates.

A propos de Capiton AG
Capiton (capiton.de) is an owner-managed financial investor that invests in large SMEs in Germany, Austria and Switzerland by means of MBOs and expansion financing. capiton’s roots go back to the late 1970s. Capiton is managed by 10 partners.

Investors relations contact: T: +33(0)1 44 22 66 29 - E: ir[.]gdfsuez.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Energy Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: GDF SUEZ | ENGIE

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Energy articles,
CATCH Visitors via Your Competitors Announcements!


GDF SUEZ, Via Tractebel Engineering, Becomes A Leading World Player in Engineering Services Through the Acquisition of Lahmeyer

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
GDF SUEZ | Lahmeyer International
Contact: Press Office - GDFSUEZ.com 
+33(0)1 44 22 24 35 / +32 2 510 76 70 gdfsuezpress[.]gdfsuez.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any GDF SUEZ | ENGIE securities in any jurisdiction including any other companies listed or named in this release.

Energy via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From GDF SUEZ | ENGIE / Company Profile


Read Energy Most Recent Related Press Releases:

GE’s First Power Services Remote Monitoring and Diagnostics Center in Asia Pacific Enables Increased Performance through Analytics
Vestas Secures Order for 101 MW in the United States
PPG to Distribute Wastewater Substrate-repair Products from Sauereisen
Enel Begins Operations At World’s First Commercial Geothermal-hydro Hybrid Power Plant
Vestas Secures 112 MW for Three Projects in France
ENGIE and Statoil Agree on the Renegotiation of Their Long-term Gas Supply Contracts
ENGIE and AES Andres Leverage Core Strengths to Provide Reliable and Competitive LNG Supply in the Caribbean
Power Costs, Inc. (PCI) and GE Power Collaborate to Link Energy Operations with Energy Trading for End-to-End Machine to Market Software Solutions
GE Oil & Gas Signs Agreement with TAG GmbH to Install New Tuning Maintenance (TUMAS) Software on Entire Fleet of Gas Turbines
ENGIE Announces Two New Major Collaborations to Foster New Innovative Green Gas Production Methods Across Europe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today