ABO-Group Environmental specializes in new niche markets.

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Ghent, 20 years oldth October 2023, 18:00 CET, Press Release / Non-Regulatory Information

  • ABO Group acquires SWBO, a Belgian engineering company specializing in the design of roads and sewerage works
  • With this acquisition, ABO Group expands its palette of services in infrastructure projects.

SWBO is an engineering company based in Dendermonde specializing in the design of road and sewerage works. It is also active in the field of soil investigation. The company has more than 30 years of experience and carries out detailed studies on parking lots and paving, right down to the complete design of walkways and residential blocks. To achieve this objective, SWBO has a team of structural engineers, draftsmen, engineers and surveyors.

“For ABO Group, this acquisition marks our entry into an area where we have not been active before.” CEO Frank de Parmener says:. “Together with our recent acquisitions, MEET HET and Rimeco, we are now able to integrate our knowledge and experience in this field into a strong whole.”

Current Managing Director Christophe de Ruyscher will remain at the head of the company during the transition phase and will eventually hand over leadership to the group. ”ABO Group is the right partner for us to “pass the torch”.” says Christophe, current director of SWBO.For many years we have put SWBO on the map within Dendermond as a reference research agency for road and sewer design. It’s time for the company to enter a new phase within the larger group. There we can act as an important addition to existing activities.. ”

SWBO consists of a team of seven employees and achieved an EBITDA of 450,000 euros in 2022.

The acquisition was carried out by ABO Group’s M&A team and the seller, Aquis Corporate Finance, with ABO Group acquiring 100% of the shares.

About the ABO Group environment

Founded 28 years ago, ABO Group is a specialized geotechnical and environmental engineering company and a key player in soil and contamination research in Belgium, France and the Netherlands. Taking into account the effects of climate change and the associated consequences for humanity (floods, droughts, etc.), the ABO Group’s research contributes to the fight against these negative effects. They focus on the conservation of natural resources (such as water) and biodiversity. ABO-Group guarantees sustainable and comprehensive solutions to its clients through its consulting and testing and monitoring departments. ABO Group Environment is listed on the Brussels and Paris Stock Exchanges. For more information about the group’s activities, please visit the ABO Group website (www.abo-group.eu).

For more information

frank de parmener
CEO ABO-Group Environment nv
frank.depalmenaer@abo-group.eu
Phone +32 (0)496 59 88 88

  • ABO-GroupEnvironment specializes in new niche with acquisition of SWBO



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