VINCI Energies has acquired G2EI, a specialized electrical installation firm, to enhance its national presence and leverage G2EI's expertise in the retail sector.

Target Information

G2EI, located in Provin, Hauts-de-France, specializes in electrical installation services primarily for a business-to-business clientele. The company offers comprehensive solutions that encompass the study, supply, and implementation of electrical installations. Renowned for addressing the needs of retailers, G2EI provides crucial electrical work during the opening or renovation of retail spaces. While the company has a strong regional presence in northern France, it is capable of operating nationwide.

Founded in 2001 by Éric Vanderveken, who is both the CEO and the major shareholder, G2EI has experienced significant growth in recent years. The workforce has expanded to around ten employees, aided by the contributions of David Blum, the Business Manager and minority partner. As Mr. Vanderveken prepares for retirement, the company's leadership and shareholders have engaged Septentrion Finance to assist with the sale of the business.

Industry Overview in France

The electrical installation industry in France has been witnessing a shift towards more integrated service offerings, with increased demand from sectors like retail and commercial construction. In recent years, the French economy has emph