Artelia joins Artelia

On 5 December 2019 in Copenhagen, ARTELIA and Artelia announce their merger, as a result of which ARTELIA acquires 100% of Artelia’s equity and the shareholders of Artelia will reinvest and become shareholders in Artelia, which is wholly owned by its managers and employees.

Through this acquisition ARTELIA, a leading independent French engineering company in the fields of building construction, infrastructure, industry, water and the environment, achieves its ambition to become one of Europe’s major engineering firms.

For Artelia, a key player on the Danish market, benefiting from the backing of an international group represents a genuine opportunity to develop its business in new sectors and markets, in Northern Europe in particular.

A strategic merger underpinned by strong synergies and shared values
Artelia is a leading Danish engineering firm with a strong position on its domestic market. In addition to its registered offices in Copenhagen and network of regional branch offices, Artelia also has two subsidiaries located in Norway and the Philippines.

Its consolidated turnover was €82m in 2018. Its 900 employees provide top-level expertise in three complementary business lines: building construction, energy & industry, and infrastructure.

This acquisition is perfectly in line with ARTELIA’s goal of developing its business at a sustained and controlled rate and becoming a leader on the European market. Thanks to this merger, ARTELIA will benefit from Artelia’s client portfolio and cutting-edge expertise, particularly in the fields of sustainable development, circular economy and energy.

On signing this commitment, Benoît Clocheret, Chief Executive Officer of ARTELIA, declares:
“With Artelia as part of the Group we have broken into the top 15 construction engineering firms in Europe, with 5,900 employees and a turnover of €632m*, of which nearly 40% is generated outside France. In joining forces, we are enhancing our skills, diversifying our offering, expanding our client base and stepping up our international development, while improving our resilience in an uncertain and volatile world. Driven by common values such as independence, proximity to clients, technical excellence and emphasis on human assets, we are starting a new chapter in our history, with the desire to continue generating more value for our clients and contributing to building a sustainable future for our planet and its inhabitants.”

*: consolidated turnover of ARTELIA and Artelia in 2018.

Development ambitions reinforced in Northern Europe and South-East Asia
For Artelia, whose financial solidity is underpinned by a strong domestic market, the backing of a large international group brings a unique opportunity to develop its business internationally thanks to ARTELIA’s permanent operations in more than 30 countries.

Drawing on Artelia’s subsidiary in Norway, this merger also offers promising growth prospects in Northern Europe thanks to ARTELIA’s international experience in the fields of transport, maritime engineering, hydropower and renewable energy more generally.

MOE’s 90 employees in the Philippines will also allow ARTELIA to continue developing in South-East Asia, where the Group already has more than 600 employees, in Vietnam, Thailand, The Philippines, Cambodia, Singapore, Indonesia and Myanmar.

Concerning this alliance, Christian Listov-Saabye, Chief Executive Officer of Artelia, states:
“Becoming part of the ARTELIA Group is a real strategic business project which we are undertaking with confidence and enthusiasm. Joining ARTELIA means pursuing and diversifying our business lines, keeping an internal shareholding policy in a wider context, and sustaining our growth with new international development perspectives. Together with ARTELIA we can remain true to our core values of independence, proximity and people focus, to which we are deeply committed and which constitute a powerful vehicle for convergence between our two groups.”