VINCI completes €4.9B acquisition of ACS's energy business (Cobra IS)

VINCI completed the acquisition of ACS's energy business (Cobra IS) for a final purchase price of €4.9 billion, including the acquired unit's cash. The deal covers most of the ACS Industrial Services division, greenfield concession projects, and a renewable energy development platform.

“This is a major milestone in VINCI's strategy of creating a global leader in engineering, works and services focused on the energy sector, and of developing renewable energy concession projects.”globenewswire.com

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• globenewswire.comVINCI completes the acquisition of ACS’s energy businessVINCIDec 31, 2021

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