Cordeel Group
Belgian family-owned construction conglomerate (founded 1934, ~€940M revenue, ~1,800 staff) delivering integrated design-build, in-house prefabrication, multi-technical installation, energy, and real estate services to enterprise, industrial, healthcare, logistics, and government clients across Europe.
- Company typePrivate
- Founded1934
- HeadquartersTemse, Belgium
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Cordeel Group does
Cordeel Group (legal entity C2F1 NV) is a Belgian family-owned construction conglomerate founded in 1934 and headquartered in Temse. It operates as a vertically integrated, full-service construction partner delivering the complete building lifecycle — design, technical engineering, in-house production, construction, and long-term maintenance — for large-scale commercial, industrial, logistics, healthcare, government, petrochemical, and residential projects. With roughly 1,800 employees and approximately €940 million annual turnover, it is one of the largest Belgian Class 8 contractors, with offices in Belgium, the Netherlands, Bulgaria, and Serbia and reference projects across eight countries including France, Germany, Romania, and the UK.
The group is structured into six divisions — C-construct (general construction), C-production (in-house prefab concrete, steel, carpentry, façade cladding, and modular bathrooms), C-tech (multi-technical HVAC/electrical/security installations, anchored by acquired Imtech Belgium), C-energy (energy storage, optimization, and trading, offered as Energy-as-a-Service), C-living (real estate development and Vita Groep sports/pool concessions), and C-innovation (bio-based materials, firefighting systems, surface protection). Its core differentiation rests on owning the production stack, enabling quality control, scheduling flexibility, and faster on-site delivery. Proprietary technologies include the C-fast precast building system, C-battery energy storage, patented C-ground energy-hill hydro batteries, and a C-biotech industrial-hemp biorefinery used for both building materials and PFAS soil remediation.
Revenue is generated almost entirely through project-based, competitively bid or negotiated construction contracts (Design & Build, DBM, and public procurement), supplemented by professional-services installation revenue, recurring Energy-as-a-Service, real estate development and concession income, and hardware sales from its innovation products. Pricing is bespoke per project and not publicly standardized; go-to-market is enterprise field/sales-led, engaging corporations, institutional buyers, and government bodies directly. Named clients include Amazon, Brussels Airport, Audi, Dow Chemical, 3M, Bayer, Barco, KU Leuven, UZ Gent, UPS, GXO, and Belgian Defense.
Cordeel Group firmographics
Firmographics- Name
- Cordeel Group
- Legal name
- C2F1 NV
- Website
- https://cordeel.eu
- Company type
- Private
- Founded year
- 1934
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Belgian family-owned construction conglomerate (founded 1934, ~€940M revenue, ~1,800 staff) delivering integrated design-build, in-house prefabrication, multi-technical installation, energy, and real estate services to enterprise, industrial, healthcare, logistics, and government clients across Europe.
- Ownership category
- akta.pro rank
Where Cordeel Group is headquartered
LocationHeadquarters
- HQ city
- Temse
- HQ country
- Belgium
- HQ region
- Europe
Offices7 records
Markets served
Cordeel Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- General Construction Services: Full-service construction contracts covering the complete building process from initial design through construction to delivery and maintenance. Revenue generated through project-based contracts for commercial, industrial, residential, and public sector clients.
- Multi-technical Installation Services: Design, engineering, installation and maintenance of complex multi-technical systems including HVAC, electricity, sanitary, piping, industrial automation, security systems through Imtech Belgium and other C-tech companies.
- Energy Management Services: C-energy division provides energy management, storage, optimisation and trading solutions delivering Energy-as-a-Service tailored to customer needs and budgets.
- Real Estate Development: C-living division focuses on purchase and development of project land and buildings for logistics, manufacturing and residential purposes. Vita Groep develops sports and swimming pool facilities under public concession arrangements.
- Innovation Products: C-innovation develops and commercialises innovative sustainable products including bio-based materials, firefighting systems (C-fire), decorative surface protection (Ariomat), and energy storage solutions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Project-based construction contracts |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels6 records
Cordeel Group product offering
Product offeringCore offering
Cordeel Group is a Belgian family-owned construction conglomerate that delivers full-service building solutions from initial design and engineering through prefabricated production, on-site construction, and long-term maintenance. The group operates six divisions covering general construction, in-house prefabrication of concrete, steel and wood components, multi-technical installations (HVAC, electrical, sanitary, security), energy management and storage, real estate development, and innovation in sustainable products.
Product overview
Cordeel Group is a diversified European construction conglomerate organized into six divisions: C-construct (general construction), C-production (prefabrication and manufacturing), C-tech (multi-technical installations), C-energy (energy management and storage), C-living (real estate and sports infrastructure), and C-innovation (sustainable product development). The group operates as a one-stop partner for the complete construction process from design and technical support to delivery and maintenance. It encompasses approximately 1,800 employees, ~940 million euros annual turnover, offices in 4 countries, and reference projects in 8 countries. Key sub-brands include Imtech Belgium, C-concrete, C-metal, C-biotech, C-battery, C-ground, C-fire, Vita Groep, Off Site Belgium, Baeck Cladding, Bimco, FLYWHEL, C-guard, Cordeel Geelen, Cordeel Maintenance, C-supply, C-rental, and Bernard Construction.
Differentiator
Problem solved
Functional benefit
Brands
- C-construct: Full-service provider in construction and finishings with strong presence in Belgium, Netherlands, Bulgaria and Serbia
- C-production
- C-tech
- C-energy
- C-living
- C-innovation
- Vita Groep
- Imtech
- Cordeel Belgium
- C-concrete
- C-metal
- C-biotech
- C-battery
- Sinqer
Products and services
- C-construct
- C-production
- C-tech
- C-energy
- C-living
- C-innovation
- Sinqer
- Nexus Logistics
- C-fire firefighting systems
- Off Site Belgium modular bathrooms
- C-battery energy storage
- C-biotech bio-based materials
- C-ground energy hills
- C-fast building system
- Vita Groep sports and pool facilities
- Imtech Belgium installation services
Companies that use Cordeel Group
Customer profileNamed customers17 records
Segments7 records
Ideal customer profiles6 records
Cordeel Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability2 records
Feature7 records
Cordeel Group partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered innovation pilot, core innovation, core project, minor, innovation and core partnership.
- OVMB (Eiffage Construction BeLux)innovation pilotC-biotech and C-ground collaborating with OVMB on European-first PFAS soil remediation project in Port of Ghent using industrial hemp in enclosed greenhouse environment
- Sinqercore innovationLaunch of Sinqer - new circular 3D timber construction solution representing step toward climate-neutral building ambitions
- TM WISICO Consortium (Willemen, SPIE)core projectCordeel, Willemen, SPIE, and Imtech forming consortium TM WISICO to construct PanTera Actinium Production Center in Mol - groundbreaking for cancer treatment
- archipelago architectscore projectDesign partner with Cordeel on Brucargo Central project at Brussels Airport
- VK architects+engineerscore projectEngineering and architectural partner with Cordeel on Brucargo Central project at Brussels Airport
- DEME Environmentalinnovation pilotC-biotech and DEME Environmental opening innovative test laboratories for accelerated PFAS soil remediation using industrial hemp; DEME's laboratory at Sedisol center near Charleroi testing ex-situ PFAS remediation on contaminated sediments
- TrafiroadminorC-biotech and Trafiroad planting first CO2-negative diamond head bollard in Lokeren using innovative circular production process with local materials
- Neuron FactoryinnovationStrategic AI partner for construction innovation, marking significant step toward smarter, faster, and more sustainable construction across Europe
- GETEC Beneluxcore partnershipC-energy and GETEC Benelux formed strategic partnership to deliver innovative and sustainable energy solutions to Belgian market; GETEC is a leading European provider of intelligent, efficient, and sustainable energy solutions
- Green Deal Navigation (Binnenvaart)minorCordeel Group signed Green Deal for inland navigation to reduce carbon emissions, decrease traffic congestion, and promote environmentally friendly practices in construction and shipping sectors
- Grounds UpinnovationCordeel Group partnered with Grounds Up to transform coffee waste into high-value raw materials for circular economy, products for various industries
Scale indicators6 records
Recent moves15 records
Expansion highlights6 records
Cordeel Group competitors and assessment
Company assessmentDirect peers
- Heijmans: Heijmans is a Dutch construction and real estate developer with comparable size and similar focus on residential, commercial, and infrastructure projects in the Benelux market. Directly comparable on geographic and customer overlap.
- Imtech (Imtech Belgium under Cordeel vs Imtech N.V.): Note: Imtech Belgium is Cordeel's wholly-owned subsidiary. The historical Dutch Imtech N.V. is comparable as a multi-technical installations peer — and the 2025 Smart Deal restructuring suggests Cordeel is positioning this asset for further growth, competing with similar Belgian installers.
- Royal BAM Group: Royal BAM is a leading Dutch construction and engineering group with strong Belgian/Dutch market overlap. Comparable as a publicly listed Western European construction group pursuing similar sectors (commercial, healthcare, logistics) with integrated design-build capabilities.
- BESIX Group: BESIX is a major Belgian-headquartered construction group with comparable scale and similar integrated capabilities across building, civil works, and concessions. Directly comparable as a Belgian Class 8 contractor competing for the same large-scale enterprise and public projects.
- Willemen Group: Willemen is a Belgian family-owned construction group operating across building, civil engineering, and real estate development. It is already a Cordeel consortium partner (TM WISICO for PanTera project), confirming head-to-head competition for similar Belgian enterprise and infrastructure projects.
- SPIE SA: SPIE is a French-headquartered multi-technical services and electrical contractor operating across Belgium via Spie Belgium and is a TM WISICO consortium partner with Cordeel. Directly comparable to Cordeel's Imtech/C-tech technical installations business.
Broad incumbents
- DEME Group: DEME is a Belgian marine, environmental, and civil engineering group, already partnering with Cordeel's C-biotech for PFAS remediation. Comparable as a Belgian-headquartered peer pushing into circular/environmental remediation adjacencies similar to Cordeel's C-innovation strategy.
- Strabag SE: Strabag is one of Europe's largest construction groups with comparable revenue scale (~€18B) but much broader geographic and segment reach. Comparable as a diversified incumbent competing in heavy civil, commercial, and infrastructure across European markets where Cordeel also operates.
- Skanska AB: Skanska is a Sweden-headquartered global construction group with European operations and strong sustainability positioning. Comparable as a large incumbent pursuing similar green-building, energy-efficient, and ESG-certified project pipelines across European markets.
- Eiffage Construction Benelux (OVMB): Eiffage is a major French-listed construction group with Belgian operations (OVMB), already partnering with Cordeel's C-biotech on PFAS soil remediation. Comparable as a larger incumbent with broader European footprint and similar sustainability positioning.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key highlights6 records
Customer concentration
Cordeel Group social profiles
Digital presenceCordeel Group compliance and trust
Trust signalCompliance6 records
Cordeel Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cordeel Group leadership team
Management profileNumber of profiles
Profiles6 records
Cordeel Group subsidiaries and ownership
Company hierarchySubsidiaries32 records
Cordeel Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cordeel Group 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 Cordeel Group
What does Cordeel Group do?
Cordeel Group is a Belgian family-owned construction conglomerate that delivers full-service building solutions from initial design and engineering through prefabricated production, on-site construction, and long-term maintenance. The group operates six divisions covering general construction, in-house prefabrication of concrete, steel and wood components, multi-technical installations (HVAC, electrical, sanitary, security), energy management and storage, real estate development, and innovation in sustainable products.
Is Cordeel Group a public or private company?
Cordeel Group is a private company. It is classified as family owned and is currently operating.
When was Cordeel Group founded?
Cordeel Group was founded in 1934. It employs 1,001 to 5,000 people.
Where is Cordeel Group based?
Cordeel Group is headquartered in Temse, Belgium, in the Europe region.
How does Cordeel Group make money?
Five revenue lines are on record. General Construction Services are the primary driver. The others are multi-technical Installation Services, energy Management Services, real Estate Development and innovation Products.
Who are Cordeel Group's main competitors?
Direct peers on record are Heijmans, Imtech (Imtech Belgium under Cordeel vs Imtech N.V.), Royal BAM Group, BESIX Group, Willemen Group and SPIE SA. Broad incumbents are DEME Group, Strabag SE, Skanska AB and Eiffage Construction Benelux (OVMB).
Does Cordeel Group have an API?
No public API is recorded for Cordeel Group.