Cegelec
| Predecessor | Compagnie Générale d'Entreprises Électriques (CGEE) |
|---|---|
| Founded | 1989 |
| Parent | Vinci SA |
| Website | www.cegelec.fr |
Cegelec is a French electrical engineering company providing electrical power installation, HVAC, information technology and other services to public and private companies. As of 2014 The company employs around 22,000 people and operates in 30 countries, with major activity in France, Brazil, Indonesia, the Middle East and Africa.[1]
History
In 1913 the company Compagnie Générale d'Entreprises Électriques (CGEE) was created by the Compagnie Générale d'Electricité (CGE).
In 1971 it was renamed CGEE-Alstom.
In 1989 CGE and GEC plc (UK) formed the joint operation GEC-Alstom, and CGEE-Alstom was renamed Cegelec.
In 1999 Cegelec became Alstom Entreprise and Alstom Contracting.
On 20 July 2001 Alstom Contracting was subject to a Leveraged Management Buyout supported by Caisse des dépôts et consignations and Charterhouse Capital Partners, and was renamed Cegelec.
The company was acquired by private equity fund LBO France in 2006. In 2008 Qatar Diar (see Qatar Investment Authority) became the majority shareholder.
In April 2010 Cegelec became part of the Vinci SA group.