VINCI Energies has announced the acquisition of Novo Technologies Ltd, a UK-based provider of telecoms infrastructure services, as part of its strategic growth plans.
Founded in 2016, Novo Technologies delivers end-to-end telecoms infrastructure solutions for both carrier and enterprise clients, supporting mobile network projects across the UK. The company has established strong relationships within the telecoms and infrastructure sectors.
The acquisition is expected to strengthen VINCI Energies’ capabilities in wireless infrastructure delivery, as demand for digital connectivity continues to grow.
Russell Crampin, Perimeter Director, VINCI Energies in the UK & ROI, said: "This acquisition is a core part of our strategic direction over the next three years. As connectivity continues to underpin the digital transformation of businesses’ sites and field-based activity, strengthening our capabilities in wireless infrastructure delivery was a natural next step.
"I'm delighted to welcome our 71 new colleagues from Novo Technologies into our business. We are confident we can provide an environment that supports personal development, encourages knowledge sharing, and enables us to deliver even greater value to our customers. We look forward to working with the team as we continue to build on the next stage of Novo Technologies' journey."
Novo Technologies' Managing Director, Matt Wynne, said the deal marks a significant milestone for the company and will support its future growth.
"This marks an important step for us at Novo Technologies. Joining VINCI Energies will give us the scale and capability to respond to the growing demand for projects supporting the UK's wireless connectivity ambition.
"Our values as a business aligned fantastically with those of VINCI Energies, which made this a natural fit, providing a strong foundation for aligning our teams and strategy. It also represents a significant opportunity for our people, opening up new doors, opportunities and long-term growth."
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