Merodis advises on the sale of Ets Ronveaux to Groupe Wanty
Merodis advises on the sale of Ets Ronveaux to Groupe Wanty
Merodis, an independent corporate finance advisory firm, is pleased to announce that it successfully advised the shareholder of Ets Ronveaux SA (http://www.ronveaux.com/) on the trade sale to Groupe Wanty.
Founded in 1923, Ets Ronveaux SA is a Belgian 3rd generation family company active in two areas of activity. On the one hand, the company offers a diversified range of installation and maintenance services across various business lines in the electricity sector. On the other hand, Ronveaux designs, produces (pre-casts) and assembles structural components in reinforced and pre-stressed concrete for the building and civil engineering sectors. Thanks to its continuous focus on performance and quality, the group is a key Belgian player in its two markets. Ronveaux, which employs more than 400 people, generates an annual turnover above EUR 50m.
With this acquisition, Groupe Wanty (http://www.wanty.eu/) is pursuing its development strategy, acquiring complementary activities and is strengthening its position on the national and international infrastructure market. Groupe Wanty has become a regional leader and one of the largest family-owned construction company in Belgium with close to 1.500 employees and a consolidate turnover above EUR 200m.