Eiffage: acquisition of 70% of the capital of SNEF Telecom


(CercleFinance.com) – Eiffage, through its subsidiary Eiffage Énergie Systèmes, has just acquired 70% of the capital of SNEF Telecom, a subsidiary of the SNEF group, using equity.

SNEF Telecom is a leading national player in the French mobile telecommunications market. The company achieved a turnover of nearly 200 million euros in 2021.

This new acquisition allows Eiffage Énergie Systèmes to enter the fast-growing mobile telecommunications market, driven by the development of 5G technologies. It completes the offer and expertise of Eiffage Énergie Systèmes with players in industry and the tertiary sector,” the group indicates.

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