Eiffage acquired the CVS Group, a leading Spanish technical building services provider, to strengthen its position in the Iberian market and expand its expertise in sustainable and energy-efficient solutions.
Information on the Target
The CVS Group is a prominent provider of engineering-driven technical building services based in Valencia, Spain. It operates as a full-service partner, offering comprehensive solutions across various sectors, especially in HVAC and fire protection technologies. The company manages projects from initial planning and installation to ongoing maintenance and renovations. With a workforce of over 300 employees across ten locations in Spain, CVS Group delivers tailored, regulatory-compliant solutions to prestigious clients in the food, logistics, and retail industries.
Each year, CVS Group carries out over 10,000 maintenance operations, with approximately 50% of its revenue generated from recurring services. This solid foundation establishes CVS Group not only as a leader in technical building services but also as a reliable partner for long-term client relationships.
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Industry Overview in Spain
The technical building services industry in Spain is experiencing significant growth, driven by increasing demand for energy-efficient infrastructure and sustainable building techno
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