(AOF) – Eiffage, through its subsidiary Eiffage Énergie Systèmes, has reached an agreement to acquire 70% of Snef Telecom. Subsidiary of Snef and national reference player on the French mobile telecommunications market, Snef Telecom achieved a turnover of nearly 200 million euros in 2021, with around 1,000 employees spread throughout the territory.
This 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.
The completion of this acquisition should take place during the second half of 2022, subject to the usual conditions precedent and regulations.
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Postponement of the waste recycling sector
Professionals believe that subjecting construction materials and products to the eco-contribution in order to recycle building waste could increase prices by 5% to 10%, which is well above the 2.5% to 3% estimated by the Ecological Transition Agency. In addition, building craftsmen must know well enough in advance the amount of eco-contributions to be paid on their purchases, to take this into account in their quote. However, there is still no scale of eco-contributions. Faced with the inflationary shock and taking into account the delay, the new sector should start operating from 2023 and ramp up over three to four years.