# Engie signs agreement to acquire Powerlines group

Engie, through its subsidiary ENGIE Ineo, signed an agreement to acquire Powerlines, a European provider of electrification systems for public transport. The acquisition was announced on July 31, 2019.

- Type: Acquisition
- Announced: 2019-07-31
- Where: France
- Status: announced
- Products: electrification systems for public transport, high and medium voltage transmission lines
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Engie](https://endata.com/companies/999.md) (acquirer)
- [Powerlines](https://endata.com/companies/40995.md) (target)

## Sources

- [boursier.com](https://www.boursier.com/actions/actualites/news/engie-annonce-la-signature-d-un-accord-pour-l-acquisition-du-groupe-powerlines-802222.html), 2019-07-31: "Engie annonce la signature d'un accord pour l'acquisition du groupe Powerlines et devient l'un des principaux acteurs de l'électrification des transports publics."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.