1. FCC Servicios seeks French market entry with ESG talks.
- Author
-
Bremner, James
- Subjects
MARKET entry ,MERGERS & acquisitions ,STREET cleaning ,CHIEF executive officers ,BRITISH business enterprises - Abstract
FCC Servicios Medio Ambiente, the environmental services division of Fomento de Contstrucciones y Contratas (FCC), is in exclusive talks with Europe Services Groupe (ESG) to acquire its French operating business. The potential deal, subject to approvals and customary conditions, would allow FCC to enter the French market. ESG's business includes waste collection, street cleaning, and professional cleaning services, with operations in Paris and Lyon. FCC Servicios recently acquired Urbaser's UK business and manages waste in over 5,400 municipalities across Europe. The acquisition of ESG's business would be a significant step in FCC's growth strategy. [Extracted from the article]
- Published
- 2024