Engie buys Swiss company Priora FM SA

ENGIE Switzerland acquires Priora FM SA from Priora Group, further expanding its business for airports.

Founded in 1970, Priora FM SA is based in Geneva, handles the management of buildings, infrastructures and performs all facility management tasks for its clients. Main Priora customer is the airport of Geneva and the company also provide services for the airport of Zurich.

ENGIE expects a growing need for FM services, and especially in airports. Airports offer great potential with passengers’ volumes to double by 2036 (source : IATA 2017) and the associated expansion of the infrastructures. In 2017, ENGIE cumulated a turnover of 300 Million euros with more than 40 airports in the world such as Changi in Singapore, Boston-Logan in the USA, Rome-Fiumicino in Italy, Paris-Charles de Gaulle and Paris Orly in France, Amsterdam Schipol in the Netherlands, Brussels-Zaventem in Belgium or Montreal Trudeau in Canada.
Combined, all the Group's skills make it possible to meet more than 50% of an airport's operational expenses. ENGIE’s businesses cover the entire chain, from specific airport services (runway markings, turnkey sorting systems, air traffic control systems, etc.) to more generic systems (security infrastructures, energy, mobility).

The approximately 200 highly qualified employees complement perfectly the ENGIE FM teams and ENGIE's technical expertise in building technology and energy efficiency. Priora FM SA has also built up an attractive customer portfolio over the last few years, with clients in the industry of leisure, IT or telecom.

In Switzerland, operating on more than 20 sites, ENGIE employs more than 1,600 people, managing buildings and installations in the industrial, service and public sectors, as well as for private individuals. Thanks to their expertise in the 3 main following domains: energy services, facility management and building technology, they offer a wide range of solutions covering the complete life cycle of buildings.

This press release was sourced from ENGIE on 29-May-2018. Download this press release