# 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.

- Type: Acquisition
- Announced: 2021-12-31
- Value: $5.54B (4.90B EUR)
- Status: completed
- Products: engineering, procurement and construction services for energy, renewable energy concessions
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Cobra IS](https://endata.com/companies/13345.md) (target)
- [ACS](https://endata.com/companies/25713.md) (target)
- [VINCI](https://endata.com/companies/32072.md) (acquirer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2021/12/31/2359481/0/en/VINCI-completes-the-acquisition-of-ACS-s-energy-business-Cobra-IS.html), 2021-12-31: "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."

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