# Bouygues Group signs agreement to acquire Equans from Engie

Bouygues Group signed a purchase agreement with Engie to acquire Equans, a multi-technical services company, for an enterprise value of €6.7 billion. The deal is expected to close in the second half of 2022 and will create a combined entity with around 96,000 employees and €16 billion in sales.

- Type: Acquisition
- Announced: 2021-11-06
- Where: France
- Value: $7.75B (6.70B EUR)
- Status: announced
- Products: multi-technical services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Engie](https://endata.com/companies/999.md) (partner)
- [Engie](https://endata.com/companies/999.md) (target)
- [EQUANS](https://endata.com/companies/7922.md) (target)
- [Bouygues](https://endata.com/companies/31106.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/11/06/2328831/0/en/BOUYGUES-BOUYGUES-GROUP-SIGNS-PURCHASE-AGREEMENT-WITH-ENGIE-TO-ACQUIRE-EQUANS.html), 2021-11-06: "BOUYGUES GROUP SIGNS PURCHASE AGREEMENT WITH ENGIE TO ACQUIRE EQUANS"
- [coolingpost.com](https://www.coolingpost.com/world-news/bouygues-to-buy-equans-for-e7-1bn/), 2021-11-07: "Bouygues, the construction and diversified services group, has signed an agreement to purchase Equans, the FM and energy solutions arm of Engie, for an estimated €7.1bn."
- [energyindustryreview.com](https://energyindustryreview.com/marketplace/engie-to-sell-equans-to-bouygues-for-eur-7-1bln/), 2021-11-08: "The proposed merger between Equans and the Bouygues group’s Energies & Services arm is a unique opportunity to create a French world leader in energy, digital and industrial transition."

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