VINCI acquires FM Conway Limited in the United Kingdom
30 October 2024 - 6:30PM
UK Regulatory
VINCI acquires FM Conway Limited in the United Kingdom
Nanterre, 30 October 2024
VINCI acquires FM Conway Limited in the
United Kingdom
- Acquisition by VINCI Construction
of FM Conway Limited, a UK public works company
- An annual revenue of about €690
million (£580 million) in 2024 generated by 2,000 employees
- Expanding the VINCI Construction
presence in the United Kingdom
VINCI Construction announces an agreement to
acquire FM Conway Limited, a leading public works company in
England.
FM Conway’s expertise encompasses roadworks,
civil engineering, asphalt and binders’ production as well as a
range of specialist businesses (water and drainage management,
lighting, cabling and traffic management).
Founded in 1961 by Francis Michael Conway, FM
Conway is owned by the Conway family. Based in Sevenoaks, Kent, the
company operates across England, with a particular focus on the
south-east of the country.
The completion of the transaction is subject to
any necessary regulatory approvals and is expected early 2025. The
integration of FM Conway will strengthen VINCI Construction
position in the very dynamic south-east England market.
In 2023, the VINCI Group generated a total
revenue of almost €6 billion in the United Kingdom through its
three business lines (concessions, energy and construction) and
employed around 13,000 people.
About VINCI
VINCI is a global player in concessions, energy
and construction, employing 280,000 people in more than 120
countries. We design, finance, build and operate infrastructure and
facilities that help improve daily life and mobility for all.
Because we believe in all-round performance, above and beyond
economic and financial results, we are committed to operating in an
environmentally and socially responsible manner. And because our
projects are in the public interest, we consider that reaching out
to all our stakeholders and engaging in dialogue with them is
essential in the conduct of our business activities. VINCI’s
ambition is to create long-term value for its customers,
shareholders, employees, partners and society in general.
www.vinci.com
This press release is an official information document of
the VINCI Group.
PRESS CONTACT
VINCI Press Department
Tel: +33 (0)1 57 98 62 88
media.relations@vinci.com
- CP VINCI_rachat FM Conway_20241030_VA
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