Ortec Group has acquired 3C Metal to strengthen its presence and expertise in the energy sector, leveraging the firm's specialized capabilities in metallurgy.

Information on the Target

Ortec Group has announced the integration of 3C Metal, effective September 30, 2024. This strategic acquisition is aimed at enhancing Ortec's development in regions with significant potential, leveraging a complementary geographical positioning. 3C Metal specializes in the engineering, manufacturing, and installation of piping systems and steel structures, providing crucial expertise to key industries such as oil and gas, nuclear energy, renewable energies (including solar thermal, wind, and hydrogen), as well as marine and mining sectors.

Headquartered in Sauvelade, Pyrénées-Atlantiques, France, 3C Metal operates subsidiaries and production centers across multiple international locations including South Africa, Dubai (UAE), Saudi Arabia, Malaysia, Namibia, Mozambique, and the United States. With a workforce of 600 employees, the company generates an annual turnover of €110 million.

Industry Overview in the Target’s Specific Country

The engineering and metallurgy industry in France has been steadily evolving, driven by technological advancements and increasing demand for energy solutions. As the shift towards r