Cofely Axima to merge with Nexilis
10th September 2015
FRANCE: Engie, the parent company of contractor Cofely Axima, is to acquire Nexilis, a major player in hvac technology in southeastern France.
Engie says the deal will give Cofely Axima, which achieved sales of €1.2bn in 2014, a stronger presence in the greater Mediterranean arc and make it the main hvacr player in southeastern France.
Though the Nexilis group itself was only formed in 2000, it draws on more than 50 years of experience from its founding company Crudeli, which initially specialised in plumbing before moving into hvac. Nexilis is a leader in its market in the Provence-Alpes-Côte d’Azur (PACA) and Languedoc-Roussillon regions of France as well as in Corsica. Today, Nexilis is made up of 11 companies with a total of 362 employees and revenue of €75m in 2014.
“This acquisition is an important milestone in the development of Cofely Axima,” said Jean-Pascal de Peretti, CEO of Cofely Axima. “Our challenge is to help our customers benefit from the energy transition. This is why we are consolidating our position in southeastern France, to stay in touch with the challenges our customers face and provide them with increasingly innovative, competitive solutions. With Nexilis, we also opted to acquire a company with a similar culture, since we share the same corporate vision focused on innovation and cohesive teams,”
“Our merger with Cofely Axima is a logical business decision that also supports our desire to gain more expertise in this rapidly changing market, particularly when it comes to the challenges of the energy transition,” added Gilles Gaudin, chairman of the Nexilis group.
Some of the latest air conditioning projects by Cofely Axima and Nexilis are the designer outlets at Miramas, the Arena in Aix-en-Provence, the Marseille University Hospital, Tour Odéon, Tour Marseillaise, Hôtel de Paris in Monaco, the Occitane in Manosque, the ARENA and the Saint-Roch clinic in Montpellier and the Roman culture museum in Nîmes.
