NGE fast-tracks its international development and moves into new Latin American markets through agreement to acquire Saceem
NGE, France’s 4th largest construction and civil engineering group, announces the ongoing acquisition of Saceem, a leading player in Latin America in the fields of construction and concessions in Uruguay, Paraguay, and Peru.
● Approved by Uruguay’s competition authority, this project represents the largest international external growth operation in NGE’s history. Its completion remains subject to standard precedent conditions.
● The acquisition of Saceem would increase NGE Group’s international revenue to just over €700 million in 2025, representing +78% growth over 12 months on a pro forma basis.
● With Saceem’s 1,800 employees, NGE Group would employ 5,800 people internationally, accounting for 22.5% of its workforce.
Founded in 1951, Saceem is the construction leader in Uruguay. As the country’s leading builder of pors and bridges, Saceem specializes in eight fields: Infrastructure, Roads, Energy, Industry, Hydroelectric infrastructure, Telecommunications, Building Construction and, Concessions. In ten years, Saceem has enjoyed sustained growth of +130% since 2015 (approximately 9% average annual growth). Its revenue reached USD 350 million in 2024.
A new growth trajectory in Latin America for Saceem, powered by NGE’s Multi-expertise strategy