Bouygues#History

{{Short description|French industrial group}}

{{Use dmy dates|date=March 2020}}

{{Infobox company

| name = Bouygues S.A.

| logo = Bouygues.svg

| logo_size = 200px

| type = Public

| traded_as = {{EuronextParis|EN|FR0000120503|XPAR}}
CAC 40 component

| founder = Francis Bouygues

| key_people = {{ubl|Martin Bouygues (chairman)}} {{ubl|Olivier Roussat (CEO)}}

| industry = Conglomerate

| revenue = {{increase}} {{€|37.59 billion|link=yes}} (2021){{cite web|url=https://www.bouygues.com/wp-content/uploads/2022/02/press-release.pdf |title=Annual Report 2021|publisher=Bouygues|access-date=15 March 2022}}

| operating_income = {{increase}} €1.69 billion (2021)

| net_income = {{increase}} €1.125 billion (2021)

| equity =

| owner =

| num_employees = 124,600 (Dec 2021){{cite web|url=https://www.bouygues.com/en/the-group-at-a-glance/|title=Bouygues in brief|publisher=Bouygues|access-date=15 March 2022}}

| subsid = {{ubl

| Bouygues Construction

| Bouygues Immobilier

| Bouygues Télécom

| Equans

| Colas Group

| TF1 Group (43.7%)

}}

| location_city = 8th arrondissement, Paris

| location_country = France

| homepage = [https://www.bouygues.com/en/ bouygues.com]

| foundation = {{start date and age|1952}}

}}

Bouygues S.A. ({{IPA|fr|bwiɡ}}) is a French engineering group headquartered in the 8th arrondissement of Paris, France. Bouygues is listed on the Euronext Paris exchange and is a blue chip in the CAC 40 stock market index. The company was founded in 1952 by Francis Bouygues and has been led by his son Martin Bouygues since 1989. Martin's older brother, Olivier Bouygues, is a board member.{{Cite web |title=Olivier Bouygues |url=https://www.forbes.com/profile/olivier-bouygues/ |access-date=2023-09-27 |website=Forbes |language=en}}

The group specialises in construction (Colas Group and Bouygues Construction), real estate development (Bouygues Immobilier), media (TF1 Group), and telecommunications (Bouygues Telecom).

History

The company was founded by Francis Bouygues in 1952.Sources:
{{cite web| url = http://www.bouygues.com/en/group/history/history/| title = History| work = bouygues.com| publisher = Bouygues| access-date = 14 July 2011| url-status = dead| archive-url = https://web.archive.org/web/20110708085954/http://www.bouygues.com/en/group/history/history/| archive-date = 8 July 2011| df = dmy-all}}
{{citation| url = http://www.bouygues.com/upload/pdf/discoverhistorybouygues%20group.pdf| title = Discover the history of the Bouygues group| work = bouygues.com| publisher = Bouygues| access-date = 14 July 2011| url-status = dead| archive-url = https://web.archive.org/web/20111002175144/http://www.bouygues.com/upload/pdf/discoverhistorybouygues%20group.pdf| archive-date = 2 October 2011| df = dmy-all}}
In 1970 Bouygues became listed on the Paris Stock Exchange. In 1985 and 1986, Bouygues acquired road construction groups Screg, Sacer, and Colas;{{#tag:ref|Colas became a direct subsidiary of Bouygues in 2000, after a share swap made Bouygues the direct owner|group="note"}}{{citation|page=22|chapter = Company profile 2.2: The Bouygues Group| url = https://books.google.com/books?id=1RQ-ir2gbloC|title =Strategic management applied to international construction|author=R. Howes|author2= J. H. M. Tah|publisher = Thomas Telford|year= 2003| isbn=9780727732118 }} later reorganised as Colas Group.{{citation|url = http://www.screg.fr/Historique.html|title = Historique - Screg société travaux routiers, infrastructures industrielles|work = screg.fr|language = fr|url-status = dead|archive-url = https://web.archive.org/web/20110730180912/http://www.screg.fr/Historique.html|archive-date = 30 July 2011|df = dmy-all}} In 1987 the company started operating the television channel TF1 and in 1988 Bouygues moved into its new head office, the Challenger complex, in Saint-Quentin en Yvelines. In 1996 the company launched Bouygues Télécom and in 2006 the company acquired 23.26% of Alstom.[https://web.archive.org/web/20211007222930/https://www.alstom.com/press-releases-news/2006/6/Acquisition-by-Bouygues-of-ALSTOMs-shares-owned-by-the-French-State-20060625 Acquisition by Bouygues of Alstom's shares owned by the French State] Alstom 25 June 2006 In 2010, through its subsidiary Nerem Telecom, Bouygues also acquired HGT Telecom for $170 million from Henri Benezra and his brother Avi.{{Cite web|url=https://axcessnews.com/business/tech/5-of-the-most-significant-tech-acquisitions-in-2010_12810/|title=5 Of the most significant tech acquisitions in 2010|date=5 December 2010|website=Axcess News}}

In 2014, consecutively to Alstom's cession of its Energy activities to General Electric, Bouygues granted a call option to the French government, allowing it to acquire a maximum of 20% of Alstom, currently owned by the group.{{cite web|url=https://www.wsj.com/articles/france-clears-way-for-ge-alstom-deal-1403465505|title=France Lifts Hurdle to GE-Alstom Deal|author=Inti Landauro and Stacy Meichtry|date=23 June 2014|work=Wall Street Journal|access-date=13 February 2016}} In May 2018, the company purchased the Australian construction company A. W. Edwards.[https://web.archive.org/web/20201019212432/https://www.bouygues-construction.com/en/press/release/bouygues-construction-announces-acquisition-aw-edwards Bouygues Construction announces the acquisition of AW Edwards, a leading Australian company] Bouygues 28 May 2018

In 2021, Bouygues acquired the technical services business, Equans from Engie in a transaction worth €7.1bn.{{cite news|url=https://www.financierworldwide.com/fw-news/2021/11/9/bouygues-group-to-acquire-equans-from-engie-in-71bn-deal|title=Bouygues Group to acquire Equans from Engie in €7.1bn deal|date=9 November 2021|newspaper=Financier Worldwide|access-date=26 January 2023}}

Business structure

The company carries out the following businesses:{{citation|url = http://www.bouygues.com/en/group/presentation/organisation-chart/organisation-chart/|archive-url = https://web.archive.org/web/20110708090042/http://www.bouygues.com/en/group/presentation/organisation-chart/organisation-chart/|url-status = dead|archive-date = 8 July 2011|title = Bouygues - Bouygues group organisation chart: a diversified industrial group|publisher = Bouygues|access-date = 22 July 2011|work = bouygues.com}}

Construction

  • Bouygues Construction (100% share): construction, public works, energy & services, with a presence in 80 countries worldwide
  • Colas Group (96.8% share): roadworks, construction, railways and maintenance
  • Bouygues Immobilier (100% share): residential, corporate, commercial and hotel real estate and urban development, property development

Telecoms - Media

  • Bouygues Télécom (90,5% share): mobile phone and fixed line operator
  • TF1 Group (43.7% share): audiovisual group; with TF1 and 9 other TV channels.

Transportation

  • BINA Istra (30.15% total ownership): Croatian joint stock company founded in 1995 to facilitate construction and subsequent management of an Istrian Y motorway{{Cite web |date=2011-09-10 |title=Bina-Istra - Vlasnička struktura |url=http://www.bina-istra.com/Default.aspx?sid=368 |access-date=2023-07-01 |archive-url=https://web.archive.org/web/20110910152717/http://www.bina-istra.com/Default.aspx?sid=368 |archive-date=10 September 2011 }}

Technical services

  • Equans

Financial data

class="wikitable" border="3"

|+ Financial data in millions of euros

! Year

! 2001 (NF)

! 2002

! 2003

! 2004 (IFRS)

! 2005

! 2006

! 2007

! 2008

! 2009

! 2010

! 2011

! 2012

! 2013

! 2014

! 2015

! 2016

! 2017

! 2018

! 2019

! 2020

! 2021

----

| Sales

| 20,473

| 22,247

| 21,822

| 20,815

| 23,983

| 26,408

| 29,588

| 32,713

| 31,353

| 31,225

| 32,706

| 33,547

| 33,345

| 33,138

| 32,428

| 31,768

| 32,904

| 35,555

| 37,929

| 34,694

| 37,589

----

| Net profit

| 344

| 666

| 450

| 909

| 832

| 1,246

| 1,376

| 1,501

| 1319

| 1,071

| 1,070

| 633

| 647

| 807

| 403

| 732

| 1,085

| 1,311

| 1,184

| 696

| 1,125

----

| Net debt

| 1,124

| 3,201

| 2,786

| 1,680

| 2,352

| 4,176

| 4,288

| 4,916

| 2,704

| 2,473

| 3,862

| 4,172

| 4,427

| 3,216

| 2,561

| 1,866

| 1,914

| 3,657

| 2,222

| 1,981

| 941

----

| employees

| 126,560

| 118,892

| 124,300

| 113,334

| 115,441

| 122,561

| 136,700

| 145,150

| 133,971

| 133,456

| 130,827

| 133,780

| 128,067

| 127,470

| 120,254

| 117,997

| 115,530

| 129,275

| 130,500

| 129,000

| 124,600

Source : Bouygues''

Major construction projects

Bouygues has been involved in many major construction projects including

=Europe=

{{citation|url =http://www.bouygues.com/us/groupe/fiches/pop_parc_princes.html |archive-url=https://web.archive.org/web/20081205221735/http://www.bouygues.com/us/groupe/fiches/pop_parc_princes.html| title =Bouygues - Parc des Princes|archive-date = 5 December 2008 |publisher= Bouygues |access-date = 22 July 2011|work = bouygues.com}}

{{citation|url = http://en.structurae.de/structures/data/index.cfm?ID=s0004710| title = Tour Axa (1974)| work = en.structurae.de| publisher = Nicholas Janberg's Structurae}}

{{citation|url= http://www.bouygues.com/us/groupe/fiches/pop_musee_orsay.html|archive-url=https://web.archive.org/web/20081205220921/http://www.bouygues.com/us/groupe/fiches/pop_musee_orsay.html|title = Bouygues - Musée d'Orsay|archive-date=5 December 2008 |publisher= Bouygues |access-date = 22 July 2011|work = bouygues.com}}

{{citation| url = http://www.bouygues.com/us/groupe/fiches/pop_pont_re.html |archive-url=https://web.archive.org/web/20081205221004/http://www.bouygues.com/us/groupe/fiches/pop_pont_re.html| title = Bouygues - Pont de l'Ile de Ré |archive-date=5 December 2008|publisher= Bouygues |access-date = 22 July 2011|work = bouygues.com}}

{{citation|url = http://www.bouygues.com/us/groupe/fiches/pop_arche_defense.html |archive-url=https://web.archive.org/web/20081205220903/http://www.bouygues.com/us/groupe/fiches/pop_arche_defense.html| archive-date = 5 December 2008| title = Bouygues - Arche de la Défense | publisher= Bouygues |access-date = 22 July 2011|work = bouygues.com}}

  • The Channel Tunnel completed in 1994{{cite web|url=http://en.structurae.de/structures/data/index.cfm?ID=s0000334|title=Channel Tunnel|work=Structurae|access-date=13 February 2016}}
  • The Bibliothèque nationale de France completed in 1995{{citation|url= http://www.bouygues.com/us/groupe/fiches/pop_bibliotheque_france.html| archive-url=https://web.archive.org/web/20081205222032/http://www.bouygues.com/us/groupe/fiches/pop_bibliotheque_france.html| work= bouygues.com| publisher = Bouygues| archive-date=5 December 2008|title = Bouygues - Bibliothèque de France|access-date = 22 July 2011}}
  • The Pont de Normandie completed in 1995,{{citation|url = http://en.structurae.de/structures/data/index.cfm?ID=s0000048| title = Pont de Normandie / Normandy Bridge (1995)| work=en.structurae.de|editor= Nicholas Janberg|publisher = Nicholas Janberg's Structurae}}
  • The Stade de France completed in 1998{{citation| url = http://www.bouygues.com/us/groupe/fiches/pop_stade_france.html| archive-url=https://web.archive.org/web/20081205222159/http://www.bouygues.com/us/groupe/fiches/pop_stade_france.html| archive-date=5 December 2008|title = Bouygues - Stade de France |publisher= Bouygues |access-date = 22 July 2011|work = bouygues.com}}
  • The expansion of Barnet Hospital completed in 2002{{cite web|url=https://www.hospitalmanagement.net/projects/barnet/|title=Barnet General Hospital|publisher=Hospital Management|access-date=7 April 2018}}
  • The redevelopment of West Middlesex University Hospital completed in 2003{{cite web|url=https://www.nao.org.uk/wp-content/uploads/2002/11/020349.pdf|title=The PFI contract for the redevelopment of the West Middlesex University Hospital|publisher=National Audit Office|access-date=2 July 2018}}
  • The Brent Emergency Care and Diagnostic Centre completed in 2006{{cite web|url=http://www.ukihma.co.uk/projects/brent-emergency-care-diagnostic-centre/|title=Brent Emergency Care & Diagnostic Centre, London, UK|date=31 October 2007|publisher=UKIHMA|access-date=29 April 2018|archive-date=29 March 2020|archive-url=https://web.archive.org/web/20200329123422/https://www.ukihma.co.uk/projects/brent-emergency-care-diagnostic-centre/|url-status=dead}}
  • The expansion of Broomfield Hospital in Chelmsford completed in 2010{{cite web|url=http://www.operis.com/news/broomfield-hospital-pfi-project-closes/|title=Broomfield Hospital PFI Project Closes|publisher=Operis|date=17 December 2007|access-date=27 April 2018}}
  • The expansion of North Middlesex University Hospital completed in 2010{{cite web|url=https://www.constructionnews.co.uk/home/north-london-pfi-hospital-gets-financial-close/211748.article|title=North London PFI hospital gets financial close|date=31 October 2007|publisher=Construction News|access-date=29 April 2018}}

Bouygues is also involved in HS2 lot C1, working as part of joint venture, due to complete in 2031.{{Cite web|url=https://www.theguardian.com/business/2017/jul/17/hs2-high-speed-rail-contracts-worth-66bn-awarded-uk-chris-grayling|title=HS2 contracts worth £6.6bn awarded by UK government|website=The Guardian|language=en-gb|date=17 July 2017|access-date=2017-10-13}}

=Africa=

{{citation| url = http://www.bouygues.com/us/groupe/fiches/pop_mosquee_hassan_II.html| archive-url=https://web.archive.org/web/20081205220948/http://www.bouygues.com/us/groupe/fiches/pop_mosquee_hassan_II.html| archive-date = 5 December 2008| title = Bouygues - Mosquée Hassan II|publisher= Bouygues |access-date = 22 July 2011|work = bouygues.com}}

  • The Henri Konan Bédié Bridge in Abidjan, Ivory Coast completed in 2014{{cite web|url=https://news.yahoo.com/ivory-coasts-long-awaited-toll-bridge-opens-traffic-193627369.html|title=Ivory Coast's long-awaited toll bridge opens to traffic|work=Yahoo! News|date=21 December 2014|access-date=22 March 2015}}

=North America=

  • The company also built the Port of Miami Tunnel completed in 2014.{{citation| url = http://www.tunneltalk.com/Miami-Port-Tunnel-Jul10-Groundbreaking.php | title =Port of Miami Tunnel gets underway| work = tunneltalk.com|publisher= TunnelTalk| author = Shani Wallis| date = July 2010}}
  • Construction of the Iqaluit Airport terminal in Nunavut, Canada, completed in 2017.[http://www.bouygues.com/wp-content/uploads/2016/04/bouygues_2015_registration_document1.pdf 2015 Registration Document] page 36]

=Asia=

  • The Gypjak Mosque in Turkmenistan, completed in 2004.{{citation|url=http://www.lemoniteur.fr/139-entreprises-de-btp/article/actualite/847447-bouygues-inaugure-sept-batiments-publics-au-turkmenistan|title=Bouygues inaugure sept bâtiments publics au Turkménistan|date=4 January 2011|work=lemoniteur.fr|publisher=AFP via LeMoniteur.fr|language=fr|access-date=22 July 2011|archive-url=https://web.archive.org/web/20111006200343/http://www.lemoniteur.fr/139-entreprises-de-btp/article/actualite/847447-bouygues-inaugure-sept-batiments-publics-au-turkmenistan#|archive-date=6 October 2011|url-status=dead|df=dmy-all}}{{cite web|url=http://www.teachenglishinasia.net/image-galleries/turkmenistan/door-to-the-kipchak-mosque-turkmenistan|title=Teach English in asia - ESL Jobs, Games, and Travel Blog|access-date=13 February 2016|url-status=dead|archive-url=https://web.archive.org/web/20150402134131/http://www.teachenglishinasia.net/image-galleries/turkmenistan/door-to-the-kipchak-mosque-turkmenistan|archive-date=2 April 2015|df=dmy-all}}
  • The Singapore Sports Hub completed in 2014{{cite web|url=http://www.designbuild-network.com/projects/singapore-sports-hub-kallang/|title=Singapore Sports Hub, Kallang|work=Design Build Network|access-date=13 February 2016}}
  • LRT Line 1 Cavite Extension due to be completed in 2025{{Cite web |date=2022-02-08 |title=LRT-1 Cavite Extension Phase 1 viaduct completed |url=https://www.portcalls.com/lrt-1-cavite-extension-phase-1-viaduct-completed/ |access-date=2022-03-12 |website=PortCalls Asia |language=en-US}}{{Cite web |date=2020-11-20 |title=LRT-1 Cavite Extension Project |url=https://lrmc.ph/lrt-1-cavite-extension-project/ |access-date=2022-03-12 |website=Light Rail Manila Corporation |language=en-US}}

Head office

File:Avenue Hoche, 32.jpg

The Bouygues head office is located at 32 Avenue Hoche in the 8th arrondissement of Paris. The American architect Kevin Roche worked on this building, as well as the previous head office location, the Challenger complex in Saint-Quentin-en-Yvelines. This complex, situated in a {{convert|30|ha|acre}} tract in Guyancourt, is now occupied by Bouygues Construction, one of the group's subsidiaries.{{citation| url = http://www.journaldunet.com/economie/reportage/les-sieges-sociaux-des-entreprises-du-cac-40/bouygues-reste-fidele-a-son-architecte.shtml|title= Bouygues reste fidèle à son architecte|language = fr| publisher = Le Journal du Net| work = journaldunet.com|access-date= 22 July 2011}}"[http://www.bouygues-construction.com/826i/tranversal-corssover-pages/contacts.html Contacts] {{webarchive|url=https://web.archive.org/web/20111229002054/http://www.bouygues-construction.com/826i/tranversal-corssover-pages/contacts.html |date=29 December 2011 }}." Bouygues Construction. Retrieved on 27 December 2011. "Bouygues Construction Challenger 1, avenue Eugène Freyssinet Guyancourt 78061 St-Quentin-en-Yvelines France"

Group and values

=Social and environmental commitment=

Since 2006, Bouygues has participated in the United Nations Global Compact.{{cite web|url=https://www.unglobalcompact.org/participant/1420-Bouygues|title=Bouygues|access-date=13 February 2016}} The group sponsors The Shift Project think tank, with several other companies such as EDF, BNP Paribas or Saint-Gobain, which promotes sustainable economic development.{{cite web|url=http://www.theshiftproject.org/this-page/sponsors|title=Sponsors|access-date=13 February 2016}}

Controversies

=Bid rigging=

In September 2023 Bouygues Construction Expertises Nucléaires (BCEN) was fined €6.2 million after the French competition regulator found them guilty, along with five other companies, of bid rigging over tenders for work at the Marcoule nuclear site.{{cite web|url=https://www.construction-europe.com/news/vinci-and-bouygues-among-six-firms-fined-31m-for-bid-rigging-in-nuclear-work/8031517.article|title=Vinci and Bouygues among six firms fined €31m for bid rigging in nuclear work|date=8 September 2023|work=Construction Europe}}

=Bouygues (UK) Ltd. v Dahl-Jensen (UK) Ltd.=

In this UK construction adjudication matter, the company's UK subsidiary had terminated the employment of its mechanical sub-contractor, Dahl-Jensen (UK). The adjudicator made a mistake in calculating outstanding payments due to Dahl-Jensen, which led to a Court of Appeal ruling in 2002 which stated that {{quote|... when an Adjudicator makes an error in calculating an amount payable to a party, the effect of which is to pay monies which are not due under the contract, that decision would not be void provided the Adjudicator had answered the issue that has been asked of him.Gould, N. and Bowler, L., [https://www.fenwickelliott.com/research-insight/adjudication-case-notes/bouygues-uk-limited-v-dahl-jensen-uk-limited Bouygues (UK) Limited v Dahl-Jensen (UK) Limited], Fenwick Elliott, accessed 18 August 2023}}

=Flamanville=

Between 2009 and 2011, Bouygues S.A. was illegally employing workers from Poland and Romania exposing them to inhuman working conditions at the construction site of the Flamanville nuclear power plant in Normandy. The company was later condemned for their practices before the court in Cherbourg and was ordered to pay sanctions of between €25,000 and €29,950.{{cite web|url=http://www.lemonde.fr/economie/article/2017/03/21/bouygues-condamne-en-appel-pour-travail-dissimule_5098101_3234.html|title=Condamné pour travail dissimulé, Bouygues n'est pas écarté des appels d'offres|author= Isabelle Rey-Lefebvre|date=21 March 2017|work=Le Monde (in French)|access-date=15 November 2017}}

=Cyberattack on Bouygues Construction SA=

On 30 January 2020 a ransomware-type virus was detected on Bouygues Construction's computer network although operational activity on the construction sites was disrupted. The "Maze Ransomware Gang" claimed responsibility for the attack and posted a 1.2 GB file that allegedly contained data taken from Bouygues Construction.{{cite web|url=https://www.itnews.com.au/news/bouygues-construction-it-taken-out-by-ransomware-537516|title=Bouygues Construction IT taken out by ransomware|date=5 February 2020|work=iTnews|access-date=13 July 2020}}

Notes

{{reflist|group="note"}}

{{Clear}}

References

{{reflist}}

Further reading

  • {{citation|title = Bouygues, 1952-1989: From the building industry to the service sector|author = Dominique Barjot|url = http://www.econ.upf.edu/ebha2004/papers/3B3.doc|work = econ.upf.edu|publisher = Department of Economics and Business, Pompeu Fabra University; European Business History Association (EBHA), 2004 Conference|url-status = dead|archive-url = https://web.archive.org/web/20110926220429/http://www.econ.upf.edu/ebha2004/papers/3B3.doc|archive-date = 26 September 2011|df = dmy-all}}

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{{CAC 40 companies}}

Category:Conglomerate companies of France

Category:Multinational companies headquartered in France

Category:Companies based in Paris

Category:Conglomerate companies established in 1952

Category:Construction and civil engineering companies established in 1952

Category:French business families

Category:CAC 40

Category:Companies listed on Euronext Paris

Category:French companies established in 1952

Category:Construction and civil engineering companies of France