Tesmec’s new French connection

Italian infrastructure firm Tesmec has expanded its capabilities and its global reach with the acquisition of French company Marais Technologies on 27 March this year. The group, which supplies a range of technologies including trenchers for pipelaying and major infrastructure projects, was keen to make the most of its new French connection at Interbuild 2015. “France is one of the only markets that are investing in electrical cable and fibre,” said Tesmec chairman and chief executive Ambrogio Caccia Domin
January 6, 2017 Read time: 2 mins
Italian infrastructure firm 2342 Tesmec has expanded its capabilities and its global reach with the acquisition of French company Marais Technologies on 27 March this year. The group, which supplies a range of technologies including trenchers for pipelaying and major infrastructure projects, was keen to make the most of its new French connection at Interbuild 2015.

“France is one of the only markets that are investing in electrical cable and fibre,” said Tesmec chairman and chief executive Ambrogio Caccia Dominioni. “This is a good opportunity for us to start in the market.”

Marais, which focuses on fibre optic and cable installation, has strong rental and service elements, accounting for 70% of its business. It also has a strong presence in France, North Africa, Australia and New Zealand complementing Tesmec’s leading markets of Middle East, North and South America and South Africa. The combined group now has production sites in France, Italy and the US.

Dominioni sees opportunities for the future in a number of growth areas: the roll-out of fibre-to-the-home (FTTH) in the telecoms sector, smart grid in the power sector, with many high-voltage electrical cables going underground and the need for water pipelines in developing regions such as South America.

For more information on companies in this article

Related Content

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
    Read More
  • Progression in concrete plant and mixing solutions
    July 14, 2014
    Big orders for and progress in plant and concrete mixing technology has been continuing at a rapid pace over recent months, as Guy Woodford reports Shantui recently completed an eye-catching US$3.2 million deal with a customer in the United Arab Emirates for 50 concrete mixer trucks. The deal is said to be an important breakthrough for the Chinese company’s concrete machinery in the Middle East market, raising brand awareness and laying a solid foundation for building market share. Over the past y
    Read More
  • Liebherr bullish with strong financial results
    April 26, 2017
    The Liebherr Group reports strong financial results for 2016, with a turnover of €9.01 billion. The firm managed to achieve this performance in a difficult market environment, the third-highest turnover in the group's history. Compared to the record year of 2015, this represents a decrease of €228 million or 2.5% however. The firm says that there were marked differences in business performance in the individual sales regions. In Western Europe, Liebherr's most important sales region, turnover increased. Thi
    Read More
  • Alternative power sources are a key focus says Wirtgen chief sales officer Domenic Ruccolo
    November 15, 2022
    Domenic Ruccolo, CSO Wirtgen Group and Senior Vice President, Sales, Marketing, and Product Support, Global Construction Equipment, John Deere, spoke with Mike Woof
    Read More

Highlighted Content