French infrastructure giant Vinci acquires Singapore engineering SME E+HPS for S$50 million

FRENCH infrastructure giant Vinci has acquired engineering facilities solutions provider E+HPS for S$50 million, in its second purchase of a Singapore small and medium-sized enterprise (SME).

The acquisition was made by Vinci subsidiary Vinci Energies Asia-Pacific, which in 2018 took a majority stake in Singapore mechanical and electrical engineering services provider Wah Loon Engineering.

With this deal, E+HPS can take on more large-scale, capital-intensive projects locally and in the region, E+HPS co-founder Jeffrey Koh told The Business Times in an exclusive interview.