Eiffage acquires majority stake in companies

Catrin Jones Editor, Construction Europe

14 July 2022

Eiffage Énergie Systèmes increase presence in the Netherlands (Photo: AdobeStock)

Through Kropman, a Dutch subsidiary of Eiffage Énergie Systèmes, Eiffage has recently acquired a majority stake in both Harwig and Eltra in the Netherlands.

Back in April, Kropman acquired 70% of Harwig, a company that specialises in the design and construction of electrical installations. In early July, Kropman also acquired a 65% stake in Eltra, a company involved in the design, construction and maintenance of manufacturing automation systems, as well as electric control.

It was reported that France-based Effiage acquired a 51% stake in Kropman in 2018, increasing its holding to 65.7% in April of this year.

Europe Netherlands Business & Finance Mergers & acquisitions Sectors Construction
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