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Eiffage Expands in Luxembourg with Strategic Acquisition

Graphique de l'évolution du cours de l'action EIFFAGE (EPA:FGR).

Eiffage, through its subsidiary Eiffage Construction, has acquired an 80% stake in the Baatz group, a Luxembourg-based company founded in 1938. The Baatz group employs 470 people and reported a revenue of €142 million in 2025. The acquisition includes the group's contracting entities specializing in civil engineering, earthworks, and construction-related activities.

This strategic move aligns the Baatz companies with Eiffage Construction's Luxembourg operations, enhancing the company's expertise. With this addition, Eiffage aims to offer comprehensive civil engineering, building, and property development services while emphasizing a circular economy approach in Luxembourg. The combined entity expects to generate €200 million in annual revenue, employing over 750 people.

The acquisition underscores Eiffage's commitment to ecological transition and strengthens its position in the Luxembourg construction market. The existing management of Baatz will remain to ensure service continuity.

R. P.

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