SOCOTEC Germany has strengthened its position in the construction, real estate, and infrastructure sectors by acquiring Trigis, bolstering its expertise in geomonitoring. This acquisition establishes a fourth line of business for SOCOTEC Germany, increasing its workforce to 1,400 employees and achieving a total turnover of €180 million.
Enhancing Geomonitoring Capabilities
With over 300 specialists in geomonitoring, Trigis brings valuable expertise to SOCOTEC Germany, enhancing the company's existing operations in infrastructure, mining, and industrial sectors. Trigis's capabilities include ground monitoring, large-scale mapping, creating site plans, and developing 3D digital terrain models. These services are essential for major infrastructure projects, helping to mitigate natural hazards by monitoring land and assets.
Strategic Acquisition of Trigis
The acquisition of Trigis allows SOCOTEC Germany to integrate additional geo-surveillance and mapping services, paving the way for digitization of assets like power grids, mines, and buildings. Hervé Montjotin, CEO of the SOCOTEC Group, emphasized the strategic importance of this move, stating, "With the acquisition of Trigis, we are at the heart of SOCOTEC's strategic challenges in Germany." This expansion aligns with SOCOTEC's investments in monitoring technologies across Europe.
Promising Prospects for SOCOTEC Germany
Ludger Speier, CEO of SOCOTEC Germany, expressed optimism about the synergy between SOCOTEC and Trigis experts, highlighting the company's strengthened brand in Germany. "In addition to the diversification of our service offer in perfect complementarity with our historical offerings, we are delighted to welcome the 300 Trigis experts, spread over 8 key geographical areas across Germany, in addition to our current sites," said Speier, underscoring the significant development prospects for the company.
SOCOTEC, a major group in risk management and technical advisory for the construction, real estate and infrastructure sectors, is committed to supporting companies throughout the life cycle of their built assets.
SOCOTEC Germany now has a 4th line of business and a total workforce of 1,400 people. The company is thus achieving a total turnover of €180 million.
With more than 300 geomonitoring specialists, Trigis brings complementary expertise to SOCOTEC Germany's existing activities in the infrastructure, mining, building and industrial sectors, with a strong focus on the utilities world.
Geomonitoring expertise
The geomonitoring expertise enables ground monitoring, large-scale mapping, the creation of site plans, monitoring point planning, 3D digital terrain models, and thermal imaging, among other services in geomonitoring to monitor land and assets and prevent natural hazards. These services are generally on the critical path of major infrastructure projects.
SOCOTEC Germany and Trigis GeoServices GmbH have come together to implement numerous synergies in markets with increasingly complex regulatory and technical challenges.
Acquisition of Trigis
For Hervé Montjotin, CEO of the SOCOTEC Group: "With the acquisition of Trigis, we are at the heart of SOCOTEC's strategic challenges in Germany.”
“As a major player in infrastructure projects, SOCOTEC Germany now offers its customers the possibility of large-scale digitization of their assets or the environment surrounding their assets, such as power grids, mines or buildings, in order to better monitor and control them.”
“This approach in Germany echoes the Group's other investments in monitoring in France, Italy, the United Kingdom, the Netherlands, which, by adding these technological services of geo-surveillance and mapping of land, underground, maritime or fluvial areas, complements the historically recognized expertise of its civil engineers."
Development prospects
For Ludger Speier, CEO of SOCOTEC Germany: "In addition to the diversification of our service offer in perfect complementarity with our historical offerings, we are delighted to welcome the 300 Trigis experts, spread over 8 key geographical areas across Germany, in addition to our current sites.”
“We will thus be able to work on new projects in good synergy and our development prospects are significant. The whole contributes to strengthening our reputation and our brand in the German territory for the benefit of our clients.”
