Eiffage completes acquisition of 75% stake in Sun’R Group
Eiffage, through Eiffage Concessions, has completed the acquisition of a nearly 75% stake in the Sun’R Group (Sun'R) in France.
The transaction represents a buyback of existing shares at the same time as a capital increase fully subscribed by Eiffage. In 2023, the ownership percentage of Sun'R Group by Eiffage will increase to over 80% and the rest of the share capital will be held by Sun'R. The acquisition will allow Eiffage to expand into the field of renewable energy.
Sun'R Groupe is working to accelerate the transformation in agriculture and energy and address the effects of global warming.
Country updates
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