Vinci : Plans to acquire ACS Industrial Services: a future for Vinci beyond airports?
>Non-binding proposal to acquire ACS Industrial Services - On Friday morning, Vinci announced that it has presented ACS with a non-binding proposal that would open negotiations with a view to the acquisition of its industrial services division. ACS’ board of directors has declared that it is open to beginning negotiations. The scope of the acquisition would include, besides the engineering and public works activities, the stakes held in the eight concession and relate...Vinci is engaged in building, civil engineering and facilities management. Through its subsidiaries, Co. is engaged in five divisions comprising of: the Building division which provides retail solutions including construction and fit-out in both the retail and commercial sectors; the Civil Engineering division; the Air division which provides program management, engineering and construction services to customers with airport infrastructure requirements; the Technology division; and the VINCI Facilities division which provides facilities management, repair and maintenance and small works in both the private and public sectors.
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