GDF SUEZ’ Cofely completes the acquisition of Balfour Beatty WorkPlace

December 13, 2013

GDF SUEZ, through its wholly owned subsidiary Cofely UK Limited, has completed the acquisition of Balfour Beatty UK facilities management business – Balfour Beatty WorkPlace, following full approval from the relevant authorities.

Balfour Beatty WorkPlace will be combined with Cofely’s existing UK business with immediate effect, with the new entity operating under the Cofely brand.

The acquisition creates an enlarged Cofely business with over 15,000 employees and a turnover of close to £1billion in the United Kingdom. The new business will operate within four key service areas : Energy Services, Technical Services, Facilities Management & Business Process Outsourcing; offering individual services or a fully integrated service from a single source.

Jérôme Tolot, Executive Vice-President, in charge of the Energy Services business line commented: “This acquisition is in line with GDF SUEZ ambition to be the leader of energy transition in Europe. It creates a leading service business committed to developing innovative solutions that improve the efficiency of cities, buildings and industry. It also builds on Cofely’s leading position in energy and technical services to equip us with additional capabilities for the delivery of total facilities management services and the outsourcing of business processes.”

GDF SUEZ Energy Services is a leading European operator in energy efficiency and environmental services, with a presence in over 30 countries and 1,300 offices worldwide. Through its Cofely business, it is able to offer effective and efficient energy and environmental solutions, through multi-technical and facilities services, to its customers in commercial, industrial and public sectors. GDF SUEZ’s Energy Services has 78,000 employees and revenues of €14.7 billion in 2012

GDF SUEZ develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services.GDF SUEZ employs 138,200 people worldwide and achieved revenues of €82 billion in 2012. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).GDF SUEZ develops its businesses around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, combating climate change and optimizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 218,900 people worldwide and achieved revenues of €90.7 billion in 2011. The Group is listed on the Brussels and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).

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