VINCI Energies acquired Fernao Group: the advisors
VINCI Energies has acquired the German Fernao Group, one of the leading cybersecurity services providers in Germany and Switzerland. This acquisition will enable VINCI Energies to strengthen and complement its expertise in cybersecurity, IT services and cloud services, in particular, in these two countries with the Axians brand. Completion of the transaction is subject to approval by the relevant competition authorities.
Baker McKenzie advised VINCI on this transaction with a team led by Dr Peter Wand (PICTURED) who said: “With the successful acquisition, we were able to support our client in gaining additional expertise and cybersecurity capabilities to better protect its customers and their infrastructures from cyberattacks”.
Fernao Group has been a provider of IT security services and solutions for over 35 years, identifying risks and threats for its clients protecting their companies and data. Furthermore, Fernao Group offers as system integrator services in the field of IT and OT infrastructure monitoring and application management. It is qualified to implement the European Network and Information Security Directive (NIS2 requirements in Germany) for the protection of industrial facilities and critical infrastructures. Headquartered in Cologne, Fernao-Group has a comprehensive presence at 26 locations in Germany and Switzerland.
VINCI is a global acting group, active in the sectors concessions, energy and construction with a presence in more than 120 countries. The group aims at the transformation of buildings, infrastructure and mobility as well as the digitalization in these sectors required for climate protection and to contribute to social and societal progress as a humanistic, inclusive and solidary group. VINCI Energies generated a total turnover of over 4 billion euros in Germany and Switzerland in 2023.