Equans accelerates through a strategic acquisition in Singapore
Equans accelerates through a strategic acquisition in Singapore
Equans continues its international expansion in advanced industries by announcing the acquisition of ASTI Pte Ltd in Singapore, for Equans Process Solutions Business Unit, an entity of Equans in France. ASTI Pte Ltd is a specialist in critical and controlled environments for semiconductors, cleanrooms and sensitive technological infrastructures, complementing the local electrical presence.
With this transaction, Equans consolidates its presence at the heart of high-growth markets, driven by Asia's strategic role in the global semiconductor industry.
The objective: to position itself on the most complex and strategically significant industrial projects of tomorrow, namely biotech, pharma and battery gigafactories, AI, data centre infrastructures and semiconductor production.
Focus on Asia with ASTI Pte Ltd
Founded in 1998 in Singapore, ASTI Pte Ltd has established itself as a recognised player in critical, highly technical environments. The company designs and delivers cleanrooms, industrial infrastructures and sensitive equipment for the semiconductors and advanced technologies sectors.
With a revenue of over €24 million, ASTI works for major players such as Applied Materials, STMicroelectronics and AMD.
This acquisition consolidates Equans Process Solutions' position in Asia, close to the markets where the sector's most advanced technologies are being developed.
"Joining Equans Process Solutions allows us to position ASTI Pte Ltd within an ambitious global momentum. Located in the heart of the Asian semiconductor markets, we will be able to combine our local technical expertise with the deployment capacity of an international player like Equans," says Richard Lam Kok Meng, Executive Director ASTI Pte Ltd.
For Bilel Kaabeche, Operations Director EPS Advanced Technologies, "The acquisition of ASTI Pte Ltd marks a pivotal milestone for our Advanced Technologies activities. It gives us a strategic presence in Asia, at the heart of the sector's most advanced ecosystems and the innovations that will shape the industry of tomorrow."
"Being where tomorrow's industry is built"
By consolidating its presence in Asia, Equans Process Solutions significantly strengthens its ability to operate at the heart of high-growth areas across rapidly expanding market segments. Yves Nussbaum, Chief Executive Officer, Equans Process Solutions, states: "With the acquisition of ASTI Pte Ltd, we are taking an important step in the international development of Equans Process Solutions. Our ambition is clear: to support our clients at the heart of the major industrial projects that are reshaping global value chains today, notably in semiconductors, data centres and gigafactories. By strengthening our presence on this continent, we are better positioned to operate as close as possible to our clients' strategic priorities."
About Equans Group
A subsidiary of the Bouygues group, Equans is a global leader in the energy and services sector, operating in 20 countries, with 83,000 employees across five continents, and €18.7bn in revenue in 2025. Equans designs, installs and delivers tailored solutions to enhance its clients’ equipment, systems and technical processes and optimise their use as part of their energy, industrial and digital transitions. With a strong local footprint built on its historic brands and leading technical expertise, Equans’ highly qualified experts support regions, cities, industries and buildings across HVAC (heating, ventilation and air conditioning), refrigeration and fire safety, facilities management, digital and ICT, electrical, mechanical and robotics services. Equans is the market leader across key European markets (France, Switzerland, Belgium, the Netherlands and the UK) and also has a strong presence in the United States and Latin America.
MEDIA CONTACTS
Florence Lépany-Duval | contact-media@equans.com
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