French investment consortium buys majority stake in Systra
20 November 2024
Two French investment companies, Fimalac and Latour Capital, have acquired a 58% stake in Systra, a Paris-based engineer that specialises in the transport sector.
Systra commented that the deal would allow it to increase its geographical coverage beyond the 80 countries is presently works in.
Jean-François Beaudoin, senior partner at Latour Capital and new chair of Systra’s supervisory board, said the company operated in “an extremely buoyant market” and offered “unique and sought-after expertise”. He said: “We have every confidence in its growth potential.”
Beaudoin has set a target of achieving a turnover of €2bn by 2030, compared with 902m in 2022.
Systra also announced that Pierre Verzat would leave his role as chief executive, to be replaced by Jean-Charles Vollery, who has been at the group for 28 years, most recently as chief operating officer.
As well as the two new shareholders, Systra is owned by rail operators RATP and SNCF, each of which retains a 20% interest. The remaining 2% is held by the company’s employees.
Laurent Trévisani, SNCF’s deputy chief executive for strategy and finance, said: “At SNCF Group, we are proud of our role in co-founding a world-class company capable of promoting French railway engineering excellence globally. That was 65 years ago.
“Since 2011, under Pierre Verzat’s leadership, Systra has made a name for itself in the world arena, and we will continue to lend our active support to its growth trajectory.”
Related
-
Croatia prepares first bioeconomy strategy
13 January 2026
-
Ecuador plans 2.1 GW power auction with high share of solar
12 January 2026
-
Montenegro gets €175m from EU to modernise rail
11 January 2026
-
Cimic wins Indonesia energy infrastructure job
10 January 2026
-
Saudi Arabia qualifies developers for renewable projects
9 January 2026
-
Consultant appointed for Qatar-Bahrain causeway study
7 January 2026


京公网安备
11010802030424号
京ICP备19046776号-2