Brussels, Belgium, October 4, 2018
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.
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