Socogetra has acquired a 70% stake in Béton Refect SA, enhancing its capabilities in the concrete renovation market in Wallonia.

Target Company Overview

Socogetra has taken a significant step forward in enhancing its growth within the concrete renovation sector in Wallonia by acquiring a 70% stake in Béton Refect SA, a major player in this industry. Béton Refect specializes in public and private projects, providing services that encompass construction, renovation, insulation, and the maintenance of concrete infrastructures. This acquisition aligns seamlessly with Socogetra's strategy to address the increasing demand for modernization of aging infrastructures across Wallonia.

Located in Flémalle, Béton Refect employs around twenty staff members and recorded a revenue of EUR 2.3 million in 2024. The financial details regarding the acquisition have not been disclosed. By integrating Béton Refect, Socogetra not only enhances its market position within the concrete repair sector but also strengthens existing synergies, having already collaborated on several projects that are now part of their order book.

Industry Overview in Belgium

The concrete repair industry in Belgium is witnessing a growing demand, largely driven by the urgent need to modernize and maintain aging infrastructure. With many publi