VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group

VINCI Energies Expands Cybersecurity Capabilities with Acquisition of Fernao Group

(IN BRIEF) VINCI Energies has acquired Fernao Group, a leading cybersecurity services provider in Germany and Switzerland. This strategic move will enhance VINCI Energies’ Axians brand by expanding its expertise in cybersecurity, IT services, and cloud solutions. Fernao Group, with over 35 years of experience, operates across 26 locations and serves a wide range of industries. The acquisition, pending regulatory approval, will strengthen VINCI Energies’ presence in the European market, particularly in the fast-growing cybersecurity sector.

(PRESS RELEASE) NANTERRE, 22-Aug-2024 — /EuropaWire/ — VINCI Energies has announced its strategic acquisition of Fernao Group, a prominent cybersecurity services provider in Germany and Switzerland. This acquisition marks a significant step in strengthening VINCI Energies’ Axians brand, which is focused on advancing its capabilities in the fast-growing fields of cybersecurity, IT services, and cloud solutions.

Fernao Group, with over 35 years of expertise, is recognized for its comprehensive IT security services, including risk identification, data protection, and the implementation of critical infrastructure safeguards in line with European Network and Information Security Directive (NIS2) requirements in Germany. Additionally, the group offers robust managed services in IT infrastructure, networking, and data center management.

Headquartered in Cologne, Fernao operates across 26 locations in Germany and Switzerland, serving a diverse customer base in industries such as telecommunications, financial services, healthcare, and the public sector.

The acquisition will bolster Axians’ presence in these key markets, enabling VINCI Energies to enhance its digital transformation offerings. In 2023, Axians generated €3.6 billion in revenue across 38 countries, while VINCI Energies as a whole achieved a total revenue of €19.3 billion, with over €4 billion coming from operations in Germany and Switzerland.

This acquisition is pending approval from competition authorities and is expected to solidify VINCI Energies’ position as a leader in cybersecurity and digital transformation in Europe.

About VINCI
VINCI is a global player in concessions, energy and construction, employing 280,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.

Media Contact:

Stéphanie Malek
Tel: +33 1 57 98 66 28
media.relations@vinci.com

SOURCE: VINCI