Company Sale
HYDRETUDES sold to Altereo
Date: December 2023
Operation: Sold to ALTEREO group
Sector(s): Services and Distribution, EEC
Activity: Water engineering and project management services
HYDRETUDES, an engineering company operating in the fields of flood prevention and design of protection structures and water supply systems, has been acquired by ALTEREO, an engineering and consultancy group supported by Siparex, BNP Développement and Africinvest.
After acquiring a company with expertise in mountain rivers and streams, urban hydrology specialist ALTEREO has now gained new skills and forms a group with 300 water experts, generating €28M.
Sell-side Advisor: LINKERS – Jérôme Luis and Arnaud Marchandier.