VINCI Construction to Acquire FM Conway Limited for €690m
VINCI Construction has agreed to acquire FM Conway Limited, a prominent public works company in the United Kingdom. The deal aims to bolster VINCI's presence in the south-east England market. FM Conway Limited, with an annual revenue of €690m (£580m) in 2024, specialises in a range of services including water and drainage management, lighting, cabling, and traffic management.
FM Conway Limited, under the leadership of CEO Andrew Cox, is known for its expertise in roadworks, civil engineering, asphalt, and binders' production. The acquisition, expected to complete in early 2025, is subject to necessary regulatory approvals. VINCI Construction sees this deal as a strategic move to strengthen its position in the lucrative south-east England market.
VINCI Construction's acquisition of FM Conway Limited, valued at €690m, is set to enhance VINCI's offerings in the south-east England market. The deal, pending regulatory approval, is expected to close in early 2025, bringing together two significant players in the public works sector.
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