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Egis Group

From Wikipedia, the free encyclopedia
Egis Group
IndustryEngineering, consulting, operation services
Headquarters
Guyancourt
,
France
Key people
Laurent Germain (CEO), Olivier Gouirand (CFO)
RevenueIncrease €1.9 billion (2023)
Decrease €44 million (2023)
OwnersTikehau Capital (40%), Caisse des Dépôts (34%), Egis’ executive partners and employees (26%)
Number of employees
Increase 19 500 (2023)
Websiteegis-group.com

Egis is an international company active in the consulting, construction engineering and mobility service sectors that design and operate intelligent infrastructure and buildings. Egis operates in 120 countries and has 18,000 employees.[1]

In the global Engineering News-Record (ENR) ranking, Egis is given the 1st position in France and the 8th position globally in the Transportation sector. Overall, Egis is ranked 21st within the top Global Design Firms.

History

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During early 2018, Egis Group acquired Carillion’s 30-year contract to operate and maintained the M40 motorway.[2]

In January 2022, Tikehau Capital acquired 40% stake in Egis from the former majority shareholder Caisse des Dépôts, an investment arm of the French state.[3][4]

Acquisitions

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In 2019, Egis purchased the Hong Kong-based engineering firm Inhabit.[5]

In 2020, two French companies joined Egis: Est Signalization[6] a railway signaling works company and Kanopée SAS,[7] a consulting firm in the hotel, tourism & leisure industries.

In 2021, Egis acquired two companies in United Kingdom: CPMS TOPCO and its operational arm, Collaborative Project Management Services Limited to become a key player in the U.K. rail and infrastructure market [8] and Galson Sciences Ltd, an international consulting and research firm based in Oakham and specializing in radioactive waste management and disposal.[9] In the Middle East, Egis completed the acquisition of Projacs International, a local engineering consultancy and project management company, by increasing its ownership stake in the firm to 95.45%.[10] In Australia, Australian strategic advisory, project delivery and technical services consultancy Indec joined Egis.[11] In France, Egis acquired MT3,[12] a consulting and engineering company in mobility and related applications, and 3 companies in the building sector: Openergy[13](digitization of energy performance), Kern[14] (organization and operation management) as well as AD Ingé[15] and AD Conseil (asbestos removal, deconstruction & circular economy). In Asia, Egis acquired Sunland (Hong Kong), a consulting and building engineering company with 130 employees.[16]

In 2022, Egis acquired several companies. In the US, SB Architects, the architecture and design practice specialising in creating international hospitality destinations.[17] In the Middle East, Waagner Biro Bridge Services International, an infrastructure engineering, operation and maintenance company,[18] WME, a multi-disciplinary engineering consultancies and [19] U+A, a multi disciplinary architectural consultancy.[20] In Europe: Weston Williamson + Partners (United Kingdom), an international architecture and urban design firm;[21] AG Concept (France), an engineering firm specialized in cleanrooms;[22] NordSignal (France), specializing in railway signaling;[23] Nebu Transport Services (Netherlands), specialized in the recovery of VAT and excise duties in the Benelux.[24] In Latin America: Payc (Colombia), the engineering leader in Colombian building sector.[25] In December 2022, Egis has started the acquisition process for two companies: New Zealand’s Calibre Professional Services and the Middle Eastern arm of design practice U+A.[26]

Criticism

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Involvement in Israeli settlements

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See also: List of companies operating in West Bank settlements

On 12 February 2020, the United Nations published a database of companies doing business related in the West Bank, including East Jerusalem, as well as in the occupied Golan Heights.[27] The Egis Group was listed on the database on account of the activities of its subsidy Egis Rail Israel in Israeli settlements in these occupied territories,[28] which are considered illegal under international law.[29]

Sanctions

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During early 2024, Egis Eau S.A.S. and Egis International S.A.S. were sanctioned by the Inter-American Development Bank (IDB) for three years in connection with allegations of fraudulent and corrupt practices.[30] In consequence, both Egis Eau S.A.S. and Egis International S.A.S. are to be included in the Asian Development Bank's (ADB) cross debarment list until 2 January 2027.[31]

References

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  1. ^ "About Egis – global offices".
  2. ^ GARNER-PURKIS, ZAK (25 April 2018). "Egis snaps up Carillion's M40 contract". constructionnews.co.uk.
  3. ^ "Sale of 40% stake in France's Egis hailed as trigger for global expansion". globalconstructionreview.com. 7 January 2022.
  4. ^ "Tikehau Capital to acquire 42 per cent stake in Egis". privateequitywire.co.uk. 23 September 2021.
  5. ^ "Egis buys Hong Kong building consultant". theconstructionindex.co.uk.
  6. ^ "Egis acquiert Est Signalisation". ville-rail-transports.com. October 2020.
  7. ^ "La société de conseil KANOPÉE rejoint le groupe EGIS". FUSACQ Buzz.
  8. ^ "Egis makes acquisition in 'strategic and developing' UK rail sector". railwaygazette.com.
  9. ^ "GALSON SCIENCES LTD rejoint le groupe EGIS, FUSACQ Buzz". fusacq.com.
  10. ^ Davids, Gavin (18 March 2021). "Egis completes acquisition of Kuwait's Projacs International". meconstructionnews.com.
  11. ^ "Consulting - Specifying Engineer | Weekly merger and acquisition update: April 2, 2021". csemag.com. 2 April 2021.
  12. ^ "Egis acquiert la société MT3". mobilitesmagazine.com. 14 September 2021.
  13. ^ "Egis rachète Openergy et son jumeau numérique". greenunivers.com. July 2021.
  14. ^ "Egis se renforce dans l'organisation de chantiers". batiactu.com. 14 June 2021.
  15. ^ "AD ingé passe dans le giron du groupe Egis". agence-api.ouest-france.fr.
  16. ^ "Consulting - Specifying Engineer | Weekly merger and acquisition update: January 14, 2022". csemag.com. 14 January 2022.
  17. ^ "Egis acquires SB Architects in the US". globalconstructionreview.com. 26 July 2022.
  18. ^ "Egis acquires Waagner Biro Bridge Services in the Middle East". saudigulfprojects.com. 13 April 2022.
  19. ^ "Egis acquires WME in the Middle East and India". egis-group.com. 19 September 2022.
  20. ^ "Egis further strengthens its design and architectural capabilities with agreement to acquire U+A". egis-group.com. Retrieved 23 March 2024.
  21. ^ "France's Egis acquires architect Weston Williamson + Partners". globalconstructionreview.com. 9 March 2022.
  22. ^ "Egis acquiert AG Concept". constructioncayola.com. 9 September 2022.
  23. ^ "Egis acquiert NordSignal". mobilitesmagazine.com. 31 March 2022.
  24. ^ "Egis' Acquisition of Nebu Transport Services B.V." globallegalchronicle.com. 24 February 2022.
  25. ^ "Egis Consultoria's Acquisition of 100 % Interest in Payc and Payc Supervision". globallegalchronicle.com. 28 September 2022.
  26. ^ "Egis further strengthens its design and architectural capabilities with agreement to acquire U+A". egis-group.com.
  27. ^ "Database of all business enterprises involved in certain activities relating to Israeli settlements in East Jerusalem and the West Bank (A/HRC/43/71)". UN OCHA. 12 February 2020. Retrieved 12 September 2021.
  28. ^ "UN rights office issues report on business activities related to settlements in the Occupied Palestinian Territory". Office of the United Nations High Commissioner for Human Rights. 12 February 2020. Retrieved 5 July 2021.
  29. ^ "S/RES/2334(2016)". United Nations Security Council. 23 December 2016. Retrieved 5 July 2021.
  30. ^ "IDB | IDB Announces Settlement with Egis EAU and Egis International regarding Prohibited Practices". Inter-American Development Bank. 4 January 2024.
  31. ^ lnadbg4.adb.org https://lnadbg4.adb.org/oga0009p.nsf. {{cite web}}: Missing or empty |title= (help)
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