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ABO-GROUP now pursues acquisition of SEGED in France

ABO - Group
·1-min read

Ghent, 14 April 2021, 6 p.m.

Press release / Regulated information

ABO-GROUP announces that it has signed a letter of intent for the acquisition of the French company SEGED. This acquisition is an important step for the further development of the environmental activities in France. ABO-GROUP expects to complete the acquisition, after completion of due diligence, in the second quarter of 2021.

SEGED is an environmental and ecological consultant and is located in Saint-Maximin-la-Sainte-Baume in the French department of Var. SEGED's activities seamlessly integrate with those of GEO+ Environnement, the French specialist in mines, quarries and ecology, which was acquired by the group at the end of last year.

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SEGED

SEGED (Société d'Etudes et de Gestion de l'Environnement et de Déchets) is a consultancy agency specialised in the field of environment and ecology. Since its creation in 2001, it has developed a strong expertise in environmental studies and environmental coordination, waste streams and remediation. The engineering office has a multidisciplinary team of some 25 experts and achieves a turnover of approximately 1.75 million euros.

About ABO-GROUP

ABO-GROUP is a Euronext-listed group of semi-integrated consultancy, testing & monitoring companies, focusing on soil, geotechnical and environmental research. With its twenty-five offices, ABO-GROUP is active in Belgium, the Netherlands, France and the United Kingdom. The group also operates internationally on a project basis. ABO-GROUP guarantees its clients a sustainable solution. For a more detailed description of the group's activities, please visit the ABO-GROUP website (www.abo-group.eu).

For more information:

ABO-GROUP Environment NV
Frank De Palmenaer
CEO ABO-GROUP Environment NV
frank.depalmenaer@abo-group.eu
T +32 (0)9 242 88 22

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