Engie will become the sole shareholder in Cofely Besix Facilities Management after completing a deal to acquire the remaining 50% of shares it doesn't already own in the company. After the acquisition the Belgian construction group will be rebranded as Engie Cofely. The buyout forms part of Engie's goal of becoming a world leader in zero-carbon energy transition. The company was established as a partnership between Engie and Besix in the 18-20 June 2019, and employs around 2,000 people in the UAE, Qatar and Oman.
Engie will become the sole shareholder in Cofely Besix Facilities Management after completing a deal to acquire the remaining 50% of shares it doesn't already own in the company. After the acquisition the Belgian construction group will be rebranded as Engie Cofely. The buyout forms part of Engie's goal of becoming a world leader in zero-carbon energy transition. The company was established as a partnership between Engie and Besix in 2008, and employs around 2,000 people in the UAE, Qatar and Oman.