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TSG acquires GTC Technics

Paris (France), July 28th 2022

TSG, the European leader in technical services for responsible mobility solutions, is pleased to announce the acquisition of GTC Technics, a key player in gas installations based in Belgium

GTC Technics, a Belgium-based (in Ghislenghein, South-East Bruxelles) company, is specialized in installation, maintenance and repair of industrial gas (propane, butane, LNG and LPG) infrastructures including cryogenic ones, for fueling stations, industrials sites and factories. They are also operating in gas tanks storage and renovation, small bulk installation, and maintenance. This acquisition allows TSG to integrate new highly skilled gas technicians and welders.

With GTC Technics acquisition, TSG is closing its first acquisition in Gas and accelerates its development in new energy for mobility where gas is playing a key role in the transition phase, in particular for heavy transportation. Acquiring GTC Technics will allow TSG to reinforce its gas competencies, to diversify its customer base and to reinforce its presence in Belgium to better serve its customers’ base.

TSG is a major player in the consolidation of technical services for mobility. The group wishes to pursue its strategy by relying on its strong entrepreneurial culture and its European leadership – presence in 30 countries, over €770m annual turnover, and over 5,000 employees.

FDC is proud to have advised TSG on this cross-border transaction, which allows TSG to strengthen its presence in Benelux and to affirm its ambitions in new energies for mobility.

 

Financière de Courcelles is advising TSG in its European development plan of external growth, through its multi-buy-side offer.

 


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