ENGIE has announced the acquisition of Cofely Besix Facility Management (CBFM), by acquiring the remaining 50 per cent of the shares formerly held by BESIX, and has rebranded the new entity ENGIE Cofely. Established in 2008 as a partnership between ENGIE and Belgian construction group BESIX, CBFM is the region’s leading provider of complex FM and energy service solutions, with over 2000 employees operating in the UAE and Oman (with its’ partner Daud) on many iconic landmarks such as Dubai Mall, the Al Sufouh Tram and Abu Dhabi Airport.
This acquisition is the result of ENGIE’s strategic ambition to become the world leader in zero-carbon transition, developing energy-efficient assets and putting into practice a unique integrated approach, enabling the company’s accelerated growth across a broad spectrum of services while servicing clients’ evolving needs. Sébastien Arbola, Chief Executive Officer of ENGIE MESCAT commented, “This move is a game changer for ENGIE in the Middle East, as it provides us direct access to expanded capabilities to meet our clients’ needs.”
“It integrates into our portfolio a technical services team with a strong local and regional reputation and provides a robust platform for future development across the region.”