RUEIL-MALMAISON (dpa-AFX) - French builder Vinci SA (VCISY.PK, VCISF.PK) Monday said VINCI Energies has finalized the acquisition in Brazil of the Orteng Engenharia e Sistemas S.A., headquartered in Belo Horizonte, Minas Gerais.
Founded in 1977, Orteng designs, builds and maintains electrical equipment, PLCs and turnkey solutions, mainly for the energy, manufacturing and infrastructure sectors.
With this acquisition, VINCI Energies boosts its positions in the Brazilian market and becomes a leader in services for the manufacturing, energy and transport infrastructure sectors. VINCI Energies is expected to generate annual revenue of around 170 million euros in Brazil.
Copyright RTT News/dpa-AFX