M&A Deal Summary

ENGIE Acquires B-G Mechanical Contractors

On September 15, 2017, ENGIE acquired construction company B-G Mechanical Contractors from Talen Energy

Acquisition Highlights
  • This is ENGIE’s 5th transaction in the Construction sector.
  • This is ENGIE’s 9th transaction in the United States.
  • This is ENGIE’s 3rd transaction in Massachusetts.

M&A Deal Summary

Date 2017-09-15
Target B-G Mechanical Contractors
Sector Construction
Buyer(s) ENGIE
Sellers(s) Talen Energy
Deal Type Divestiture

Target

B-G Mechanical Contractors

Chicopee, Massachusetts, United States
B-G Mechanical Contractors, Inc. is a designer, installation, and maintenance of energy efficient air conditioning, plumbing, and heating systems for commercial, industrial, and institutional clients throughout New England.

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Buyer(S) 1

Buyer

ENGIE

Courbevoie, France

Category Company
Founded 1880
Sector Utilities
Employees97,000
Revenue 82.6B EUR (2023)
DESCRIPTION

ENGIE is a French utility company. ENGIE provides electricity generation and distribution, natural gas and renewable energy. ENGIE was founded in 1880 and is based in Courbevoie, France.


DEAL STATS #
Overall 21 of 31
Sector (Construction) 5 of 5
Type (Divestiture) 6 of 7
State (Massachusetts) 3 of 3
Country (United States) 9 of 10
Year (2017) 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-15 Elmsford Sheet Metal Works

Cortland Manor, New York, United States

Elmsford Sheet Metal Works, Inc. is a provider of finest quality sheet metal products and services. Elmsford Sheet Metal Works was founded in 1947 and is based in Cortland Manor, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-23 MesDépanneurs.fr

France

MesDépanneurs.fr is a platform for emergency repair services. MesDépanneurs.fr was established in 2013 and is based in Paris, France.

Buy -

Seller(S) 1

SELLER

Talen Energy

Allentown, Pennsylvania, United States

Category Company
Sector Utilities
Employees4,981
Revenue 4.5B USD (2015)
DESCRIPTION

Talen Energy is a competitive energy and power generation companies in the United States.


DEAL STATS #
Overall 9 of 11
Sector (Construction) 3 of 3
Type (Divestiture) 9 of 11
State (Massachusetts) 2 of 2
Country (United States) 9 of 11
Year (2017) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-15 Elmsford Sheet Metal Works

Cortland Manor, New York, United States

Elmsford Sheet Metal Works, Inc. is a provider of finest quality sheet metal products and services. Elmsford Sheet Metal Works was founded in 1947 and is based in Cortland Manor, New York.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-02 Interstate Energy

Pottstown, Pennsylvania, United States

Interstate Energy Co. LLC owns and operates an existing 84-mile pipeline in southeastern Pennsylvania. Interstate Energy Co. is based in Pottstown, Pennsylvania.

Sell -