Fives FCB acquires Technip’s cement division, France

Fives FCB, a subsidiary of the Fives Group, has acquired the business portfolio of CLE Groupe Technip France, the specialist cement plant division of the Technip Group.

For more than 40 years, the CLE, Groupe Technip France division has completed installation and revamping projects for many cement manufacturer customers. More recently, it has been involved in major revamping projects in France, Poland, Spain, Tunisia, Morocco, Turkey and Brazil. The many facilities developed by the CLE, Groupe Technip France Division worldwide have now joined the installed base of Fives FCB, contributing nearly 80 additional reference sites around the world.

This acquisition strengthens the presence of Fives FCB in many of its existing regions, at the same time as extending the range of services it offers the cement industry, especially in burning line upgrades, maintenance services and spare parts, and opening up new opportunities in Africa, the Middle East and the Americas.