Sancovia advises Ufenau Capital Partners on the sale of the Spanish CVS Group to Eiffage
Sancovia Corporate Finance has successfully advised Ufenau Capital Partners on the sale of CVS Group, a leading Spanish provider of engineering-driven technical building services, to the publicly listed French Eiffage Group. Eiffage is one of Europe's leading construction and infrastructure companies.
Based in Valencia, CVS Group offers comprehensive technical building solutions as a full-service partner, particularly in the areas of refrigeration and fire protection technology, from planning to installation, maintenance, and renovation. With over 300 employees across ten locations throughout Spain, CVS delivers customized and regulatory-compliant solutions to prominent clients in the food, logistics, and retail sectors. The group conducts over 10,000 maintenance operations annually and derives around 50% of its revenue from recurring services.
Through the acquisition, Eiffage strengthens its position in the Iberian market and expands its presence in the field of technical building services. The transaction is a strategic step towards further developing competencies in energy-efficient infrastructure, sustainable technologies, and service businesses with recurring revenues.
Sancovia advised the seller as the exclusive M&A advisor throughout the entire transaction process.
