French infrastructure giant Vinci acquires Singapore engineering SME E+HPS for S$50 million
This is Vinci’s second Singapore SME acquisition after Wah Loon Engineering in 2018
Add BT as a preferred source
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.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Stocks to watch: OCBC, OUE, SIA Engineering Company, OUE Reit
OCBC consumer banking chief Sunny Quek aims to double wealth business by 2029
Asia’s wealthy families shed taboo on succession planning as US$83 trillion changes hands: UBS
