VINCI Energies acquires the German Group Fernao
Source: GlobeNewswireNanterre, 21 August 2024
VINCI Energies acquires the German Group Fernao
- Fernao, a leader in cybersecurity in Germany and Switzerland
- Annual revenue of about €260 million in 2024 (proforma) and 770 employees
- Strengthening VINCI Energies - through its Axians brand - in fast-growing businesses
VINCI Energies has signed an agreement to acquire Fernao Group, one of the leading companies in the field of cybersecurity services in Germany and Switzerland.
Its expertise in this field has been operating successfully for over 35 years. As an IT security service and solution provider, it identifies risks and threats to protect companies and their data globally. As a system integrator, the Group also offers services and managed services in the field of IT infrastructure (networking and data centers). Fernao Group is qualified to implement the European Network and Information Security Directive (NIS2 requirements in Germany) for the protection of industrial facilities and critical infrastructures.
Headquartered in Cologne, Fernao Group benefits from an efficient territorial network through 26 locations in Germany and Switzerland. It can also rely on a broad and diversified spectrum of customers notably in industry, telecommunication, financial services, healthcare and in the public sector.
This acquisition – the completion of which is subject to the approval of the competition authorities – will enable VINCI Energies, through its Axians brand, to strengthen and complement its expertise in these two countries in the fields of cybersecurity, IT services and cloud services.
With an annual revenue of €3.6 billion in 2023 in 38 countries, the companies of the Axians brand of VINCI Energies are positioned at the heart of digital transformation.
Lastly, it should be noted that VINCI Energies generated a total revenue of €19.3 billion in 2023 through its network of 2 000 business units in 61 countries, of which more than €4 billion in Germany and Switzerland.
About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, above and beyond economic and financial results, we are committed to operating in an environmentally and socially responsible manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general. www.vinci.com
This press release is an official information document of the VINCI Group.
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