Equans Acquires Majority Stake in Australian Firm CV Services
On July 22, 2026, Equans announced the acquisition of a majority stake in CV Services Pty Ltd, an Australian company specializing in multidisciplinary technical services. This move is part of the group's external growth strategy in the Asian market.
CV Services is a provider of technical services in infrastructure, construction, services, media, and signage. Based in Queensland, the company has been supporting both public and private clients throughout the entire lifecycle of their assets for over 20 years. The company employs 880 people and reported a revenue of 260 million AUD for the fiscal year 2026 (Australian fiscal year ending June 30, 2026). Richard Dujardin, CEO of Equans Australia, emphasized that CV Services is a continuation of existing activities. Andrew McMaster, CEO of CV Services, believes that integration into the group will provide its employees with 'access to global expertise' and 'new career opportunities'.
Strengthening Presence in Asia-Pacific
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This acquisition strengthens Equans' presence in the Asia-Pacific region, where CV Services has offices spread across the Australian East Coast. The acquiring group, a global leader in energy and services, operates in 20 countries with 83,000 employees and generated a revenue of 18.7 billion euros in 2025. The operation confirms Equans' strategy of growth through small and medium-sized (bolt-on) acquisitions in promising geographies.
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