Eiffage finalizes the acquisition of 70% of SNEF Telecom – 2022-10-12 at 18:07


(AOF) – Eiffage, through its subsidiary Eiffage Énergie Systèmes, has just acquired with equity 70% of the capital of SNEF Telecom, a subsidiary of the SNEF group, following an exclusive negotiation phase that began in May 2022. A national reference player in the French mobile telecommunications market, SNEF Telecom, which has approximately 1,000 employees spread throughout the country, achieved a turnover of nearly 200 million euros in 2021.

This new acquisition enables Eiffage Énergie Systèmes to enter the fast-growing mobile telecommunications market, driven by the development of 5G technologies. It complements the offer and expertise of Eiffage Énergie Systèmes with players in industry and the service sector.

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Concern and caution

La Capeb wants to be cautious in its forecasts for the whole year. It expects business growth of between 1.5 and 2.5% in 2022 due to economic uncertainties and rising prices. For its part, the French Building Federation (FFB) is expressing its concerns about the fall in sales of new housing for 2023. It also calls for measuring the impact of the ecological and digital transition on the sector. The RE2020 standard would thus generate additional costs of 5 to 12%. She would like to see a “National Construction Council” set up, recalling that the sector created more than 8,000 jobs during the first quarter.



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