M&A Deal Summary

Applus+ Acquires Soil & Foundation

On December 21, 2020, Applus+ acquired engineering company Soil & Foundation

Acquisition Highlights
  • This is Applus+’s 2nd transaction in the Engineering sector.
  • This is Applus+’s 1st transaction in Egypt.

M&A Deal Summary
Date 2020-12-21
Target Soil & Foundation
Sector Engineering
Buyer(s) Applus+
Deal Type Add-on Acquisition

Target

Soil & Foundation

Cairo, Egypt
website
Soil & Foundation Co.Ltd. (SAFCO) provides construction-based testing and inspection services, having built this position over the past 40 years. It provides on-site and laboratory-based testing for the materials used in construction projects as diverse as small commercial buildings to megaprojects, as well as soil investigation services and environmental inspection and consulting.

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Buyer(S) 1

Buyer

Applus+

Madrid, Spain

website

Category Company
Founded 1996
Sector Business Services
Employees25,756
Revenue 1.8B EUR (2021)
DESCRIPTION

Applus+ is a global certification company specializing in testing, inspection, certification, and technological services. Applus+ was incorporated in 1996 and is based in Madrid, Spain.

DEAL STATS #
Overall 7 of 19
Sector (Engineering) 2 of 3
Type (Add-on Acquisition) 6 of 16
Country (Egypt) 1 of 1
Year (2020) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-21 Geotechnical & Environmental

Riyadh, Saudi Arabia

Geotechnical & Environmental Co. is established for providing services in the field of civil engineering by conducting geotechnical investigations such as topographic surveying. Quality control assurance on soil, concrete, and asphalt, piling and micro pilling work, structural analysis, all over the kingdom of Saudi Arabia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-03 Adicora Servicios de Ingenieria S.L.

Madrid, Spain

Adicora offers its clients a wide range of capabilities such as detail engineering, design and technical office, programming, systems integration (communications, software, protocols), as well as the coordination of supplies and services in electrical and mechanical installations. Adicora was formed in 1996 and is based in Madrid, Spain.

Buy -
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