ACTEAM ENR has been acquired by Butagaz Group
September 2024 — Butagaz Group has acquired ACTEAM ENR as part of a wider strategy to expand their solar energy portfolio.
ACTEAM ENR provides full EPC and IPP services for solar power plants, from the design of the plant to its commissioning. The company is an expert in the development, engineering, construction, financing and operation of photovoltaic power plants. It controls the entire value chain of a solar project, which allows it to offer turnkey solutions to its partners, covering photovoltaic power plants on the ground, on roofs and in the shade. ACTEAM ENR performs these services on its own behalf (IPP) and on behalf of third-party customers (EPC).
Butagaz Group’s new subsidiary Wewise concentrates its renewable energy, photovoltaic solar and energy systems management activities. Wewise is positioned as a catalyst for the transition to renewable energy, offering personalized support to mid-sized companies. It stands out for its ability to provide tailored, local, innovative and sustainable energy services. With the integration of Solewa and Soltéa in 2021, followed by Sys ENR and O'SiToit and now ACTEAM ENR, Wewise brings together these companies specializing in photovoltaic solar energy to form a strong and ambitious French business.
Butagaz Group is owned by DCC, which is a leading international sales, marketing and support services group providing solutions across three transformative sectors: energy, healthcare and technology. DCC owns businesses in 22 countries across four continents, empowering 16,600 employees to create long term value for shareholders, customers, society and the planet. Headquartered in Dublin, DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100.
Our role in the transaction
Oaklins’ team in France acted as the exclusive M&A sell-side advisor to the owner of ACTEAM ENR in this transaction.
Talk to the deal team
Related deals
ENGIE Énergie Services has sold Majorelle to Isospace
Majorelle, a pioneer in space planning in France for 40 years, has been sold to Isospace by ENGIE Énergie Services. The transaction marks a new chapter in Majorelle’s growth, bringing together complementary expertise in workplace design, space planning and fit-out while preserving its brand, teams and market positioning. Together, Majorelle and Isospace generate more than US$45 million in revenue, primarily in the Île-de-France region. The companies operate in a commercial fit-out market undergoing significant transformation, driven by evolving workplace needs, real estate asset repositioning, regulatory requirements and environmental and socioeconomic challenges. Philippe Savajols, president of Isospace and Majorelle, aims to ensure continuity for Majorelle and its teams while developing complementary capabilities and synergies across the group, preserving both companies’ respective cultures, expertise and client relationships.
Learn moreITC has been acquired by Re-Pie Portfoy Yonetimi
ITC, Türkiye’s leading integrated waste management and waste-to-energy platform, has been acquired by Re-Pie Portföy Yönetimi AS, one of Türkiye’s leading alternative asset management firms. The transaction provides Re-Pie with a scaled platform at the intersection of waste management, renewable energy and environmental services, while supporting ITC in the next stage of its development and long-term growth.
Learn moreFincantieri has acquired a majority stake in Next Geosolutions Europe
Fincantieri S.p.A. has acquired control of Next Geosolutions Europe S.p.A. as part of its strategy to create an integrated underwater technology and services platform. The transaction includes the acquisition of Marnavi S.p.A.’s 52.60% controlling stake, together with a portion of the shares held by certain management shareholders who have reinvested alongside Fincantieri. Following completion, Fincantieri is expected to launch a mandatory tender offer for the remaining shares, with the aim of delisting NextGeo from Euronext Growth Milan. The acquisition strengthens Fincantieri’s position in the underwater sector, expanding its capabilities in marine survey, geoscience, subsea infrastructure, offshore services, autonomous marine systems and critical infrastructure protection. The transaction forms part of Fincantieri’s broader underwater growth strategy, alongside its acquisitions of WSense, Graal Tech and Defcomm.
Learn more