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. In an interview with Reuters, Mr Van Beurden said that he was "delighted" by the deal.
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.