ON SEPTEMBER 20, 2021, THE FAYAT GROUP COMPLETED THE ACQUISITION OF NXO.
The Fayat group is pleased to announce the acquisition of NXO, an independent French leader in the field of integration and management of digital business flows.
NXO has today joined the Fayat Energie Services division, in order to strengthen the Digital & Systems activity and meet the needs related to the digital transformation of its customers. Thanks to this new acquisition, the Fayat group strengthens its status as a major player able to meet the challenges of the exponential growth of data flows, new services associated with digitalization and improvement of overall performance. The collaborations and synergies that will be created within the Division, in particular with the Semeru subsidiary, as well as with the rest of the Fayat group, constitute as many new business, trade, geographical and commercial opportunities.
Jean-Claude Fayat, CEO of Fayat group
We are very pleased to welcome NXO to the Group. Its high technological expertise allows us to expand our offer within the Fayat Energie Services division and to open up new markets. Thanks to this acquisition, we are offering new solutions to our customers and becoming an important player in the challenges related to digital transformation.
Fayat is becoming a major player in issues related to digital changes.
This acquisition positions the Fayat group as a major player in supporting its existing and new customers in their transformation linked to the rise of digital technology, connected objects and the Internet. NXO implements its expertise in a wide range of activities: digital infrastructures, communication and collaboration, cybersecurity, cloud and operator, services and advice.
Walter Butler, CEO of Butler Industries and shareholder seller of NXO
This operation is for me the continuation of the success that NXO has known for 6 years. It will enable NXO to consolidate its leadership role with very strong development potential.
Jean-Maurice Fritsch, CEO of NXO
I am very pleased with this merger, which will allow us to develop our position in network and telecom services and to broaden our scope of action to better benefit from the tremendous growth in digital solutions.
Daniel Duminy, CEO of Fayat Energie Services
The quality of NXO's digital offer, as well as the professionalism of its teams, represent an additional asset for my division in order to meet the expectations of all our customers.
ABOUT THE FAYAT GROUP AND ITS FAYAT ENERGY SERVICES DIVISION
With a presence in 170 countries and thanks to the involvement of its 21,500 employees, the FAYAT group operates in France and around the world to provide innovative and sustainable solutions for the construction market and in the seven major businesses around which it was built: Public Works, Foundations, Building, Energy; Services, Metal, Boilermaking and Road Equipment. In 2020, the Group achieved a turnover of 4.1 billion euros.
The Fayat Energy Services division represents the energy branch of the Fayat group, it offers innovative solutions for smarter and more connected cities through complex projects in electrical, thermal, systems and mobility engineering. In 2020, the division achieved 549 million euros in turnover. For more information energiesservices.fayat.com
ABOUT BUTLER INDUSTRIES
Founded in 1991, Butler Industries is a global industrial investor based in Paris, Shanghai, London and São Paulo. The investor is present in all phases of the life of a company, from its birth to its rebirth, through its redeployment and its internationalization. Butler Industries is the parent company of Butler Capital Partners and Butler Investment Managers. For more information: butlerindustries.com
ABOUT NXO GROUP
Independent leader in the integration and management of digital flows for companies and administrations, NXO designs, deploys and operates Communication & Collaboration, Digital Infrastructure and Security solutions. With a turnover of 248 million euros and 39 locations in mainland France and in the DOM-TOMs, NXO today has 1,230 employees whose recognized expertise makes it possible to attract the best talents. For more information: www.nxo.eu