ABO-Group Environment specialises in new niche with the acquisition of SWBO
20 Ottobre 2023 - 6:00PM
ABO-Group Environment specialises in new niche with the acquisition
of SWBO
Ghent, 20th of October 2023, 18:00 CET, press release /
non-regulatory information
- ABO-Group acquires Belgian engineering firm SWBO,
specialising in the design of road and sewerage works
- Through this acquisition, ABO-Group broadens its pallet
of services within infrastructure projects
SWBO, based in Dendermonde, is an engineering
company specialising in the design of road and sewerage works. It
is also active in the field of soil surveys. The company has more
than 30 years of experience and elaborates studies for car parks
and pavements, up to the complete design of passageways and
residential parcels. To this end, SWBO has a team of structural
engineers, draughtsmen, engineers and surveyors.
"For ABO-Group, the acquisition represents an
entry into a field in which we were not previously active," says
CEO Frank De Palmenaer. "Together with the recent acquisitions -
MEET HET and Rimeco - we can now combine knowledge and experience
within this field into a strong whole."
The current managing director, Christophe de
Ruysscher, will remain at the head of the company during the
transition phase and will eventually hand over the leadership to
the group. "ABO-Group represents a suitable partner for us to 'pass
the torch' to," says Christophe, current director of SWBO. "Over
the years, we have put SWBO on the map within Dendermonde as a
reference study agency for the design of roads and sewers. It is
now time to enter a new phase for the company, within a larger
group, where we can act as an important addition within their
existing activities."
SWBO consists of a team of seven employees and
realised an EBITDA of 450 000 euros in 2022.
The acquisition was carried out by ABO-Group's
M&A team and along seller's side by Aquis Corporate Finance,
with ABO-Group acquiring 100% of the shares.
About ABO-Group Environment
Founded 28 years ago, ABO-Group is a company
specialised in geotechnical and environmental engineering and is a
key player in soil and contamination studies in Belgium, France and
the Netherlands. Considering the impact of climate change and its
associated consequences for humans (floods, droughts, etc.),
ABO-Group's studies contribute to combating these negative
consequences. They focus on the conservation of natural resources
(such as water) and biodiversity. Through its consultancy and
testing & monitoring departments, ABO-Group guarantees a
sustainable and comprehensive solution for its clients. ABO-Group
Environment is listed on the Brussels and Paris stock exchanges.
For a more detailed description of the group's activities, please
visit the ABO-Group website (www.abo-group.eu).
For more information
Frank De Palmenaer CEO ABO-Group Environment nv
frank.depalmenaer@abo-group.eu T +32 (0)496 59 88 88
- ABO-Group Environment specialises in new niche with the
acquisition of SWBO
Grafico Azioni ABO Group Environment NV (EU:ABO)
Storico
Da Dic 2024 a Gen 2025
Grafico Azioni ABO Group Environment NV (EU:ABO)
Storico
Da Gen 2024 a Gen 2025
