Altrad Group marks four decades of heritage built upon its founding values
Altrad Group, an international leader in industrial maintenance services and construction equipment, is proud to celebrate its 40th anniversary.
Established in 1985 in Montpellier, France, by its eponymous founder Mohed Altrad, the Group has evolved from its humble beginnings into an international leader delivering a diverse suite of specialist services and innovative products to multi sectors across its global footprint.
Transforming from humble beginnings into an international leader
The Altrad Group story began 40 years ago with the acquisition and transformation of an insolvent scaffolding manufacturing business. In the process of restructuring that business and securing the jobs of its workforce, Altrad embarked on a journey from a regional French business to a pan-European and then international Group, expanding by acquisition and organic means to build an organisation of scale and diverse offering across industrial and construction sectors. Today, the Group employs a talented workforce of c.65,000 people around the world.
Strategic expansion enhances value proposition for clients
The diversification of the Group has resulted in a stable business that is resilient to the cyclical nature of the sectors in which it operates, allowing the Group to deliver consistent and sustainable growth and secure employment and job creation.
Altrad plays a vital role in the construction of Hinkley Point C
Today, the Group generates sales in excess of €5.45 billion evenly distributed across its core geographic markets of UK & Nordics, Continental Europe, MENA, APAC, Americas & Africa, with 84% coming from the Services business and 16% from the Equipment business. Showcasing the Group’s ambitions to support a sustainable future, c. €1 billion of Group revenue was derived from services to clean energy sectors of nuclear, hydrogen and wind.
Burson Buchanan supports Altrad in various aspects of its corporate communications. As part of this collaboration, Burson Buchanan also advises Altrad on the future advancement of its ESG strategy, as well as its effective implementation and communication to all stakeholders.
Read Altrad’s press release: here
Read more here in a recent Forbes article.