History

The CFE Group dates back to 1880, when the Compagnie Générale de Chemins de Fer Secondaires (CFE) was set up.

 


Here are some key events in our history:


1880

Formation of the Compagnie Générale de Chemins de Fer Secondaires (CFE).

 

1921

CFE goes public.

 

1974

CFE and Ackermans & van Haaren pool their dredging activities in Dredging International.

 

1981

CFE becomes Belgium’s leading construction company following its merger with Entreprises Ed. François et Fils.

 

1991

Two Belgian dredging companies, Dredging International and Baggerwerken Decloedt, join forces to form the DEME Group (Dredging, Environmental and Marine Engineering).

 

2004

CFE acquires Bâtiments et Ponts Construction (BPC) and Bâtipont Immobilier (BPI). Creation of the Real Estate Development & Management division.

 

2007

CFE strengthens its position by acquiring Ghent-based company VMA NV Infra-Industrie and its branches, Brussels-based company Amart and a 25% stake in Druart.

 

2008

CFE consolidates its rail infra activities by acquiring Louis Stevens & Co.

 

2013

CFE acquires sole control over DEME after Ackermans & van Haaren transfers 50% of its interests. Ackermans & van Haaren acquires a 60.40% stake in CFE.

 

2016

CFE Contracting (Construction, Multitechnics and Rail Infra & Utility Networks) launches Ambition 2020.

 

2017

CFE Contracting creates the Electrotechnics cluster together with VMA, VMA West, Vanderhoydoncks and Nizet Entreprise, and acquires Aannemingen Van Laere.

 

 

2020

CFE Contracting and BPI Real Estate join forces and create the Wood Shapers joint venture with the aim of developing large-scale timber-frame construction projects.

 

 

2021

The CFE Group currently has a turnover of €3,222 million and 8,226 employees

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