Name

equans

Legal name

Equans SAS

Website

https://equans.fr

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Courbevoie

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Project-Based Engineering, Procurement & Construction: Large-scale project delivery including EPC contracts for hydrogen infrastructure (e.g., Hamburg Green Hydrogen Hub), industrial process installations, building construction and retrofit, transport infrastructure, and energy infrastructure. Revenue recognized at project milestones.
2. FM & Multi-technical Maintenance: Ongoing facilities management and multi-technical maintenance services across 650+ agencies, providing recurring revenue from building, industrial and infrastructure maintenance contracts.
3. Refrigeration Solutions: Refrigeration equipment and services including tertiary/collective cold, retail refrigeration, industrial cold, marine refrigeration, chemistry/pharmaceutical refrigeration, and agro-food cold. Includes financing options.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels7 records

Core offering

Equans provides multi-technical services for energy, engineering, maintenance, digital, and facility management across infrastructure, industry, buildings, transport, and defense sectors. The company delivers end-to-end solutions including design, construction, operation, and maintenance of buildings, industrial processes, transport infrastructure, energy networks, refrigeration systems, and fire safety/security installations. It operates through a network of 650+ agencies in France and country subsidiaries in 20 countries, serving enterprise and public sector clients.

Product overview

Equans is a multi-technical services company offering an integrated portfolio of solutions across ten solution areas covering building, industry, transport, energy, refrigeration, and digital services. The core offerings include Bâtiment (building solutions with GTB, climate, and electrical engineering), Usine innovante (Industry 4.0 factory solutions), Territoires connectés (smart cities and telecom), Transport, Réfrigération, Protection, Sécurité Incendie, Ingénierie, Equans Digital, and Carbon Shift. Key business units include Equans Process Solutions (industrial process), Ineo Defense (defense services), and Axima Réfrigération. The company also operates E-PROC, an internal e-procurement platform. Together these form a comprehensive multi-technical services ecosystem serving industrial, commercial, and public sector clients.

Differentiator

Problem solved

Functional benefit

Brands

• Ineo Défense: Defense and security systems and services division of Equans France
• Equans Process Solutions
• Axima Réfrigération
• NAVINEO
• HEATEO

Products and services

• Bâtiment (Building Solutions) Multi-technical building services including intelligent building solutions (Bâtiment Intelligent), energy performance optimization, building management systems (GTB), HVAC (génie climatique), electrical engineering, photovoltaic, building envelope, climate resilience, and multi-technical facilities management (FM) and maintenance for healthcare, leisure, and real estate clients.
• Usine Innovante (Innovative Factory Solutions) Industrial factory solutions covering Industry 4.0 automation and robotization, industrial decarbonation, controlled environments, process fluids and gases, and industrial water management for industrial clients.
• Territoires Connectés (Connected Territories) Smart city and connected territory solutions including telecommunications networks for railway environments (Inéo Telecom Rail), smart cities, public lighting, mobility management, public safety/tranquillity, and networks infrastructure.
• Transport Solutions Transport infrastructure solutions including transport digitalization, railway electrification, signaling, telecommunications, and safety/security systems for mobility clients.
• Réfrigération (Refrigeration Solutions) Refrigeration solutions including tertiary/collective cold, retail refrigeration, industrial cold, marine cold, chemistry and pharmaceutical cold, energy efficiency, and low-carbon solutions for commercial, industrial, marine, and pharmaceutical clients.
• Protection Solutions Protection solutions for sensitive sites including electronic security system design, security and safety services, sensitive site protection, and radomes for defense and critical infrastructure clients.
• Sécurité Incendie (Fire Safety) Fire safety solutions including sprinkler systems (including Sprinkl'hand), fire hoses (RIA), dry and charged columns, special risks fire protection, and the Nemosys Fire device for industry, food, logistics and commercial sectors.
• Ingénierie (Engineering Services) Engineering services including maintenance engineering and process fluid connection for optimizing industrial installations for industrial clients.
• Equans Digital Digital solutions supporting clients with energy and digital transformation initiatives across infrastructure and industry.
• Carbon Shift Carbon transition solutions helping clients shift to lower-carbon operations across energy, industrial, and building sectors.
• Equans Process Solutions Specialized entity focused on process industry solutions including hydrogen projects, industrial automation, large-scale industrial plant construction, and decarbonation initiatives for industry, pharma, food, chemicals, biotech, and data centers.
• Ineo Défense Defense and security division providing technological and industrial competencies for the French armed forces including land (Terre), air & space, national marine, and security & infrastructure. Includes radome and antenna manufacturing at the Morlaix site.
• Axima Réfrigération France Refrigeration and climate control subsidiary providing commercial, industrial, marine, and institutional cooling solutions including tertiary, retail, industrial, marine, chemistry, pharmaceutical, and agro-food cold.

Quantifiable outcome

• Hamburg Green Hydrogen Hub will produce 2,000 kg of green hydrogen per hour (100 MW electrical capacity) to decarbonize an entire port economy

Named customers8 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and major.

• KraftanlagencoreStrategic or Co-development PartnerKraftanlagen (Germany) is Equans' key strategic partner for large-scale hydrogen projects in Europe. Together they delivered the Hamburg Green Hydrogen Hub project (100 MW) in partnership with Luxcara and Hamburger Energiewerke. Kraftanlagen serves as EPC contractor for balance of plant and filling station. The 'Business Club' model enables sharing of hydrogen expertise and experience from Germany to other Equans entities in France, Netherlands, UK, Belgium, and Canada.
• LuxcaramajorStrategic or Co-development PartnerLuxcara is an investor in renewable energy projects and co-investor with Equans/Kraftanlagen in the Hamburg Green Hydrogen Hub project. As a renewables investor, Luxcara provides financing and strategic direction for large-scale green hydrogen production.
• Hamburger EnergiewerkemajorStrategic or Co-development PartnerHamburger Energiewerke is the municipal utility of Hamburg and co-investor/partner in the Hamburg Green Hydrogen Hub project. The project is located on a former coal-fired power plant site and aims to decarbonize the entire port economy, with hydrogen also injected into the European grid or delivered to industrial customers.
• OEM Partners (Hydrogen Equipment Suppliers)coreTechnology or IntegrationEquans collaborates with numerous OEM (Original Equipment Manufacturer) partners for electrolyzers, compressors, civil works, and other major equipment in hydrogen projects. In the Hamburg Green Hydrogen Hub project, the client purchased electrolyzers and low-pressure compressors directly from OEM suppliers, while Equans/Kraftanlagen handled balance of plant integration.

Scale indicators6 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Vinci Energies: Subsidiary of Vinci Group delivering multi-technical and energy services across building, industry, and infrastructure. Direct competitor in French and European multi-technical services market, particularly in electrical engineering, smart buildings, and energy transition projects.
• Eiffage Énergie Systèmes: Division of Eiffage Group providing multi-technical services in electrical engineering, HVAC, energy performance, and industrial process across France. Direct peer competing for similar building, industrial, and infrastructure contracts with comparable regional agency model.
• Spie Batignolles: French construction and multi-technical services group with energy, civil engineering, and property development operations. Comparable peer in French construction, infrastructure, and energy transition project delivery, including public-sector clients.
• SPIE SA: French multi-technical services group providing electrical, mechanical, HVAC, energy, and communications infrastructure services across Europe. Direct competitor in French FM, energy services, and industrial projects with overlapping customer base in public infrastructure and industry.

Broad incumbents

• Schneider Electric: Global leader in energy management, automation, and building management systems (GTB). Overlaps with Equans in smart building, electrical engineering, and Industry 4.0 solutions, but operates as an OEM/technology provider rather than a multi-technical services integrator.
• Siemens Smart Infrastructure: Siemens division covering smart buildings, electrification, and energy automation. Competes with Equans in building management, rail electrification, grid solutions, and industrial automation as a large diversified technology and services provider.
• Veolia Industries & Buildings: Global environmental services giant with facility management, energy services, and decarbonization offerings. Adjacent incumbent competing for energy performance, FM, and sustainability contracts in industrial and commercial buildings across Europe.
• ENGIE Solutions: ENGIE's multi-technical services arm focused on energy efficiency, building systems, and decarbonization. Broad incumbent with deeper energy utility parent, competing in the same decarbonation, district heating/cooling, and energy infrastructure space as Equans.
• ABB E-mobility & Electrification: Global electrification, automation, and robotics company. Overlaps with Equans in industrial automation, robotics, electrification, and data center power infrastructure as a major technology and services incumbent.

Others

• Thales Group: French defense, aerospace, and security prime contractor. Overlaps with Equans/Inéo Défense in French defense sector technology and infrastructure services, particularly in secure communications, radar, and defense systems support.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xtwitter.com/equans
• Facebookfacebook.com/equans
• LinkedInlinkedin.com/company/equans-france
• Instagraminstagram.com/equans

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about equans