Groupe ETPO
Groupe ETPO is a French public-works and construction group operating through 20+ subsidiaries across France, its overseas territories, Africa, and North America. It delivers maritime, river, and underwater works, building construction, civil engineering, and special works — primarily for public-sector clients under the Spie batignolles ETPO brand.
- Company typePublic
- Founded1913
- HeadquartersNanterre, France
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Groupe ETPO does
Groupe ETPO (legal entity: CIFE – Groupe ETPO SA) is a French general contractor and public-works group headquartered in Nanterre, France, with operational offices in Saint-Herblain and a network of more than 20 subsidiaries and regional agencies across metropolitan France, the overseas territories (Guadeloupe, Martinique, Réunion, Guyane), North/West Africa (Morocco), and North America. Founded in 1913 as Entreprise de Travaux Publics de l'Ouest, the group is organized around four core business lines: (1) maritime, river and underwater works, (2) building construction and rehabilitation, (3) civil engineering and art structures, and (4) special works and maintenance. Specialized subsidiaries — including TETIS (underwater works), BRITTON (structural/carpentry), TECHNIREP (concrete repair and cathodic protection), NEGRI (maritime works in France and Morocco), COMABAT (Martinique), PICO Océan Indien, SOMATRAS, ISMER, and H2drOne (subsea robotics since September 2025) — execute projects via direct execution or consortiums.
The business model is project-based, with revenue recognized on construction contracts awarded through competitive public tendering and direct negotiation with private clients. Pricing is project-specific and not publicly disclosed, with contract values ranging from small rehabilitation works to multi-year reference projects such as CHU de Nantes (50,900 m² across three buildings, 2022-2027) and the Fort Boyard restoration. The customer base is dominated by public-sector clients — departments, municipalities, regions, port authorities (Haropa, Grands Ports Maritimes du Havre and Nantes Saint-Nazaire), Voies Navigables de France, hospitals (CHU de Nantes), airports (Aéroport de Paris Roissy), and social-housing offices — supplemented by private industrial and energy clients (Gaz de France). Technology differentiators include BIM methodology for building projects, scale-model hydrodynamic testing at the Ghent University Coastal & Ocean Basin, prefabrication of concrete elements, and H2drOne's 5 industrial-grade ROVs with optical, 2D/3D acoustic, physico-chemical, and thickness sensors.
In early 2024, Groupe ETPO was acquired by Groupe Spie batignolles and now operates as an autonomous activity branch under the 'Spie batignolles ETPO' brand. Following a 2024 Simplified Public Tender Offer and a 2025 Buyout Offer with mandatory squeeze-out, the company was delisted from Euronext Paris (Compartment C, ticker INFE) in August 2025. FY2023 revenue stood at approximately €250M with ~750 collaborators, up from ~€200M in FY2022.
Groupe ETPO firmographics
Firmographics- Name
- Groupe ETPO
- Legal name
- CIFE – Groupe ETPO
- Website
- https://groupe-etpo.fr
- Company type
- Public
- Founded year
- 1913
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Groupe ETPO is a French public-works and construction group operating through 20+ subsidiaries across France, its overseas territories, Africa, and North America. It delivers maritime, river, and underwater works, building construction, civil engineering, and special works — primarily for public-sector clients under the Spie batignolles ETPO brand.
- Ownership category
- akta.pro rank
Where Groupe ETPO is headquartered
LocationHeadquarters
- HQ city
- Nanterre
- HQ country
- France
- HQ region
- Europe
Offices23 records
Markets served
Groupe ETPO business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure
Revenue model
- Construction works contracts: ETPO generates revenue through public works and building construction contracts, both as general contractor and as part of consortiums. Revenue is project-based, one-time recognition upon project completion or percentage-of-completion accounting. Major projects include infrastructure, civil engineering works, maritime construction, and building projects.
- Holding company investment returns: As a holding company (CIFE), ETPO generates returns through subsidiary operations and investment holdings in its various regional and specialized subsidiaries across France and internationally.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Groupe ETPO product offering
Product offeringCore offering
Groupe ETPO is a French public works and construction group delivering maritime, river and underwater works, building construction, civil engineering and art structures, and special maintenance and reinforcement services. Operating as the autonomous Spie batignolles ETPO branch, it executes projects through a portfolio of 20+ specialized subsidiaries and regional agencies across France, overseas territories, Africa and North America.
Product overview
Groupe ETPO is a French public works and construction group structured as a portfolio of specialized subsidiaries and regional agencies operating under the Spie batignolles ETPO branch (joined Spie batignolles in early 2024). The company is organized around four core business lines: (1) Maritime, River & Underwater Works, (2) Building Construction, (3) Art Structures & Civil Engineering, and (4) Special Works & Maintenance. These are delivered through approximately 20+ subsidiaries and regional agencies including TETIS (underwater works), BRITTON (structural works), TECHNIREP (concrete repair), NEGRI (maritime works in France and Morocco), COMABAT (Martinique), ETPO Nantes Bâtiment, ETPO Ile de France, ETPO Ouest TP, ETPO Normandie TP, ETPO Bretagne Pays de la Loire Réhabilitation, PICO Océan Indien, OCETRA, SOMATRAS, H2drOne (underwater robotics), ISMER, and others. The group also operates internationally in French overseas territories, Africa, and Canada. Recent notable projects include Fort Boyard conservation, CHU de Nantes hospital construction, and La Baule waterfront redevelopment.
Differentiator
Problem solved
Functional benefit
Products and services
- Maritime, River and Underwater Works (Travaux maritimes et fluviaux / Travaux sous-marins)
Quantifiable outcome
- 500+ jobs created or supported through CHU de Nantes construction (60,000+ hours including 7,000 insertion hours for building F; 50,000+ hours including 4,000 insertion hours for building J)
- +2 more outcomes
Companies that use Groupe ETPO
Customer profileNamed customers16 records
Segments3 records
Ideal customer profiles2 records
Groupe ETPO technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Groupe ETPO partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- H2drOnecoreFounded in 2021 in Le Havre, H2drOne specializes in subsea robotics and ROV inspection services. The company joined Groupe ETPO in September 2025, benefiting from synergies with TETIS (underwater works specialist) and ETPO (maritime and fluvial works expert) to offer comprehensive subsea inspection and research services.
- OCETRAcoreVia its CIFE holding, Groupe ETPO acquired a 36.71% stake in OCETRA based in Réunion. This partnership enables the group to expand in the Indian Ocean zone and East Africa by leveraging OCETRA's operational expertise combined with NEGRI and PICO's international presence and TETIS's maritime and subsea capabilities.
- Architecture PatrimoinecoreArchitecture firm partner in the Fort Boyard restoration consortium alongside ETPO (lead) and BRL Ingénierie. Contributes architectural heritage expertise to the project.
- BRL IngénieriecoreEngineering partner in the Fort Boyard restoration consortium alongside ETPO (lead) and Architecture Patrimoine. Provides specialized engineering services for the protection structure design.
- Merceron TPminorSubcontractor specialized in maritime works for ETPO on the Fort Boyard project, handling in-situ construction of protection structures.
- ArteliaminorAssistance to contracting authority (AMO) for the Fort Boyard project, providing project management and technical oversight services.
- COLAS-GADAISminorConstruction consortium partner with ETPO for the La Baule promenade requalification project, handling civil engineering works.
- PHYTOLABminorLead design firm for La Baule promenade project, responsible for overall project design and landscape architecture.
- Palplanches ServicesminorSubcontractor for Quai de la Tournelle repairs, specializing in pile wall installation works.
- ALPHA Nautique ServicesminorUnderwater contractor for Quai de la Tournelle project, performing underwater masonry restoration work.
- Vinci Construction FrancecoreLead contractor in consortium with ETPO for CHU de Nantes building F (energy/logistics/pharmaceutical block, 26,150 m²). ETPO handles structural work within the consortium.
- LegendrecoreLead contractor in consortium with ETPO and GCC for CHU de Nantes building J (consultation/hospitalization/ambulatory block, 24,750 m²).
- GCCminorConstruction partner in consortium with Legendre and ETPO for CHU de Nantes building J.
- ArteliacoreEngineering consultancy for CHU de Nantes project, providing technical expertise and project management services alongside design architects.
- Richard Faure ArchitecteminorArchitect for rehabilitation project at Résidences Berthauderie et Robespierre in Saint-Nazaire.
Scale indicators9 records
Recent moves8 records
Expansion highlights5 records
Groupe ETPO competitors and assessment
Company assessmentDirect peers
- NGE: French multi-disciplinary construction group spanning civil engineering, road works, building, and concessions. Comparable to ETPO's diversified portfolio across building, civil-engineering and special works, with strong public-sector bid pipeline.
- Legendre Group: Mid-sized French construction group active in building, civil engineering and special works; co-led CHU de Nantes building J with ETPO. Closely comparable in size, regional-anchored structure, and public-sector bid focus.
- Razel-Bec (Fayat): French civil engineering specialist within Fayat group with strong expertise in tunnels, earthworks and underground works. Comparable profile in public infrastructure special works and prior CIFE/ETPO relationship (PICO acquired from RAZEL group).
- Demathieu Bard Construction: Independent mid-sized French construction group with comparable building and civil-engineering footprint. Direct competitor for regional public tenders and complex building projects similar to ETPO's regional agency model.
- GCC (Générale de Construction et de Charpente): French construction firm participating in the CHU de Nantes consortium with ETPO and Legendre. Similar mid-market positioning focused on building and structural works for public and private clients.
Broad incumbents
- Colas: Bouygues subsidiary specializing in road, rail and maritime infrastructure; partnered with ETPO via COLAS-GADAIS on the La Baule promenade project. Provides one of the closest comparable capabilities in maritime civil works at scale.
- Bouygues Construction: Large French construction incumbent active in building, civil engineering, and energy projects. Direct competitor for major public-sector tenders (notably consortiums with ETPO at CHU de Nantes) across metropolitan and overseas France.
- Eiffage Construction: Major French general contractor with strong public-sector presence in building, infrastructure and energy projects. Competes head-to-head with ETPO on large public tenders and concessions.
- Vinci Construction France: France's largest construction group; co-leads consortiums with ETPO (e.g., CHU de Nantes Building F). Competes directly for the same major public-sector building and civil-engineering tenders across France and overseas territories.
- Spie batignolles: Acquired ETPO in 2024 and now acts as parent group; operates broadly in construction, civil engineering, energy, and foundation works in France. Direct overlap in public-works and large infrastructure tendering, but operates as a much larger diversified incumbent rather than a maritime specialist.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Groupe ETPO social profiles
Digital presenceGroupe ETPO financial estimates
Financial estimateRevenue estimate
Valuation estimate
Groupe ETPO leadership team
Management profileNumber of profiles
Profiles7 records
Groupe ETPO subsidiaries and ownership
Company hierarchySubsidiaries24 records
Groupe ETPO funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Groupe ETPO M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Groupe ETPO
What does Groupe ETPO do?
Groupe ETPO is a French public works and construction group delivering maritime, river and underwater works, building construction, civil engineering and art structures, and special maintenance and reinforcement services. Operating as the autonomous Spie batignolles ETPO branch, it executes projects through a portfolio of 20+ specialized subsidiaries and regional agencies across France, overseas territories, Africa and North America.
Is Groupe ETPO a public or private company?
Groupe ETPO is a public company. It is classified as corporate owned and is currently operating.
When was Groupe ETPO founded?
Groupe ETPO was founded in 1913. It employs 501 to 1,000 people.
Where is Groupe ETPO based?
Groupe ETPO is headquartered in Nanterre, France, in the Europe region.
How does Groupe ETPO make money?
Two revenue lines are on record. Construction works contracts are the primary driver. The others are holding company investment returns.
Who are Groupe ETPO's main competitors?
Direct peers on record are NGE, Legendre Group, Razel-Bec (Fayat), Demathieu Bard Construction and GCC (Générale de Construction et de Charpente). Broad incumbents are Colas, Bouygues Construction, Eiffage Construction, Vinci Construction France and Spie batignolles.
Does Groupe ETPO have an API?
No public API is recorded for Groupe ETPO.