Accent Capital advised EST, a leading Portuguese company in industrial electrical installations, on its acquisition by Vulcain Engineering, enhancing EST's European expansion and operational capabilities.

Information on the Target

EST – Empresa Serviços Técnicos, SA, is a prominent Portuguese firm specializing in industrial electrical installations, instrumentation, switchboard manufacturing, automation, and robotics. Established in Boa Vista, Leiria, EST has built a solid reputation over its 35-year history, positioning itself as a leading company in its sector. This acquisition marks a significant development in its journey, as it aims to enhance its capabilities in several strategic industries.

The acquisition involves the purchase of 70% of EST's share capital by the Vulcain Engineering Group, a well-established French entity recognized for its engineering solutions dedicated to energy and industrial transitions. This partnership is poised to bolster EST's presence in European markets, allowing for greater engagement in sectors such as nuclear energy, pharmaceuticals, naval industries, and railway infrastructure.

Industry Overview in Portugal

The industrial sector in Portugal is characterized by a mix of traditional and high-tech industries. With a focus on innovation, government initiatives have been aimed at enhancing the country's industrial c