CTP Thermique, leader in the French refractory market, has acquired SEFI FICA, a company among the top four on the market of this country with a sales turnover of 12 million euro, approximately. The company formed by CTP Thermique and SEFI FICA will employ about 260 people and reach a turnover of roughly 35 to 40 million euro.

Both companies cover the same sector of activity: engineering and design, supply and installation of all types of traditional or special refractory linings. Therefore, this transaction will consolidate the position of CTP and SEFI FICA on the market and “allow a better structure to meet customer requirements in terms of availability, quality policy, hygiene, security and environment” according to Norbert Chambard, CTP’s Chief Executive Officer. In addition, bringing together the two companies will allow CTP to increase its territorial cover.

Among the many complementarities in terms of activity, SEFI FICA brings experience and the introduction in sectors such as thermal power stations, waste incineration, industrial chimney maintenance, district heating centers and cement industry.

CTP Thermique contributes with a list of activity sectors that SEFI FICA does not cover like product design and implementation engineering, iron and steel industry, and notably activity of maintenance of refractory lining of synthetic gas units, building, repair and maintenance in float glass and container glass furnaces.

Finally, in sectors as refining or petro-chemical where both companies are well implemented, there is a complement in terms of clients and geographic sectors. “For example, we can quote SEFI FICA activity in refineries in Africa sub-Saharan region, where CTP Thermique is not implemented at all”.

In conclusion, both companies bring added efficiency to the Beroa Group.