29.07.2010

Cobepa sells its stake in Faceo

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On 29 July 2010, funds managed by Apax Partners, Cobepa and other financial investors have sold Faceo to Vinci, the world’s leading integrated concession-construction group.

Faceo has become in a few years a leading European player in Facility Management. As a global player, the group covers a wide range of activities based around support services for buildings and their occupants. Faceo has developed an expertise to provide those services on several sites and in several countries, which is critical to meet the needs of large European groups.

Since its acquisition from Cegelec and Thales in 2007, the financial shareholders have actively supported Faceo’s successful growth. The group has completed six acquisitions in different areas of expertise, enabling the group to strengthen its positions in Europe and enlarge its service offering.

With a presence in about twenty countries in Europe and in the Middle East, Faceo has 2,500 employees today, compared with 1,500 three years ago. Its revenues increased from EUR 349 million in 2006 to EUR 430 million in 2009.

Company: 

Cobepa S.A.

Cobepa S.A.
Rue de la Chancellerie 2, box 1
1000 Brussels
Belgium
Tel: 
+ 32 2 213 32 10
Fax: 
+ 32 2 513 17 02

Cobepa North America Inc.

Cobepa North America Inc.
Tower 49
12 East 49th Street
New York, NY 10017
United States
Tel: 
+1 (646) 679 5177

Ibel Beteiligungsberatung GmbH (Member of Cobepa Group)

Ibel Beteiligungsberatung GmbH
Theresienstrasse 1
80333 München
Germany
Tel: 
+32 2 213 32 10