VINCI Energies acquires OFM group in Germany’s telecommunications infrastructure sector
30 Septembre 2019 - 8:30AM
VINCI Energies acquires OFM group in Germany’s telecommunications
infrastructure sector
Rueil Malmaison, 30 September 2019
VINCI Energies acquires OFM group in
Germany’s telecommunications infrastructure sector
- A leader in telecom infrastructure
- 2018 revenue of €78 million
VINCI Energies has acquired the German
telecommunications infrastructure company OFM. In operation
for over 50 years, OFM has built up expertise in telecoms
infrastructure, where it provides services in engineering,
installation and maintenance of fixed-line networks. The
development of fibre optic networks currently accounts for the
major part of its business activities. OFM is the sector’s main
player in Bavaria and neighbouring Länder in eastern Germany. The
company employs close to 270 people in the country and generated
revenue of €78 million in 2018.
OFM will join Axians, the VINCI Energies brand
specialising in services and solutions in information and
communications technologies.
Dr Reinhard Schlemmer, general manager of VINCI
Energies Europe East, said : “It’s vital to roll out fast
broadband in Germany to maintain our economy’s competitiveness. To
turn the Internet of Things (IoT) into a reality, we want to
participate actively in rolling out fast broadband and confirm our
place as a foremost partner for telecom network operators and
German industry in general.”
Alfred Büdel, managing director of the OFM
group, added: “I’m delighted to join VINCI Energies, whose
corporate values fit perfectly with OFM’s identity. Through the
Axians brand we will consolidate our place in the market,
especially as a general contractor for the rollout of fast FTTH
(Fibre to the home), and we will be able to meet the ever
increasing demand from our customers for sustainable, reliable ICT
solutions.”
With this latest acquisition, VINCI Energies is
taking positions in Germany in the buoyant market for fast
communications infrastructure and business networks. This strategic
positioning in forward-looking technologies such as FTTH and 5G
reflects the company’s belief that rolling out such technologies is
a lever for innovation as part of digital transformation. In
Germany, VINCI Energies posted 2018 revenue of €2.2 billion and
employs close to 12,000 people.
PRESS CONTACT VINCI Press department Tel.: +33 1
47 16 31 82 Media.relations@vinci.com
About VINCI EnergiesIn a world
undergoing constant change, VINCI Energies focuses on connections,
performance, energy efficiency and big data to fast-track the
rollout of new technologies and support two major changes: the
digital transformation and the energy transition. With strong
regional roots and an agile organisational structure, VINCI
Energies’ business units boost the reliability, safety and
efficiency of energy, transport and communication infrastructure,
factories, buildings and information systems.2018: €12.6 billion
revenue // 77,500 employees // 1,800 business units // 53 countries
VINCI Energies Spain: €254 million revenue // 1,500
employeeswww.vinci-energies.comwww.theagilityeffect.com
About VINCI
VINCI is a global player in concessions and
contracting, employing over 210,000 people in some 100 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, above and beyond economic and
financial results, we are committed to operating in an
environmentally and socially responsible 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. VINCI’s goal
is to create long-term value for its customers, shareholders,
employees, and partners and for society at large. www.vinci.com
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