acquired

from

September 20th, 2021

Natixis Partners advised Group Fayat in the acquisition of NXO from Butler Industries

Natixis Partners acted as exclusive financial advisor to Group Fayat in the acquisition of NXO from Butler Industries. As an independent leader in the integration and management of digital flows for businesses and administrations, NXO designs, rolls out and operates communication & collaboration, digital infrastructure and security solutions. Its offering covers the entire life cycle of solutions (consulting, design, integration, deployment, maintenance in operational conditions, administration and operation) for a diversified portfolio of public and private customers. NXO generated revenues of approximately €250m in 2020 with 1,230 employees. With a presence in 170 countries and 21,500 employees, Group Fayat provides innovative and sustainable solutions for the building industry. The Group achieved a turnover of €4.1 billion in 2020 spread over 7 major activities: Civil Works, Foundations, Building, Energy & Services, Metal, Pressure Vessels and Road Equipment. NXO joins the Energy Services division, which offers innovative solutions for smart and connected cities through complex projects in electrical, thermal, systems and mobility engineering. With this new acquisition, Group Fayat reinforces its status as a major player able to meet the challenges posed by the exponential growth in data flows and the needs associated with digitalization and performance improvement.