Clifford Chance advises Eiffage on the acquisition of EQOS

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24 April 2024

Gilles Lebreton, Thierry Schoen, , Camille Léger, David Tayar, Sara Ortoli, Hendrik Coppoolse, Quentin Hervé, Nicole Englisch, Cord von Mandelsloh
Paris, Munich, Düsseldorf

Clifford Chance advises Eiffage on the acquisition of EQOS

Eiffage, through its subsidiary Eiffage Énergie Systèmes, signed an agreement with a view to acquiring 100% of the EQOS' group (EQOS), a major European player in the energy infrastructure market, from a company owned by the investment fund Triton.

EQOS specialises in the fields of energy transmission and distribution, telecommunications, and rail. In 2023, EQOS generated revenue of €459 million and has nearly 1,700 employees. Thanks to its 43 sites, it positions itself as European player and operates mainly in Germany and Austria.

This acquisition allows Eiffage Énergie Systèmes to position itself in Germany’s buoyant energy infrastructure market, a dynamic and rapidly growing sector central to the crucial energy and digital transitions.

This negotiated transaction will be financed from cash available and is subject to approval by the European competition authorities. It is expected to be finalised in late 2024.

The Clifford Chance team was composed of Gilles Lebreton, partner, Thierry Schoen, senior advisor, Marine Larrue-Duin, counsel, and Camille Léger, associate, on the corporate aspects, David Tayar, partner, Sara Ortoli and Hendrik Coppoolse, associates, on the antitrust aspects, as well as Quentin Hervé, associate, on the financing aspects. The Munich and Dusseldorf offices also advised on this deal with Nicole Englisch, partner, on the corporate aspects, and Cord Freiherr von Mandelsloh, counsel, on the tax aspects.