CONSTRUCTEL VISABEIRA MAJORITY IN THE CAPITAL OF THE COMPANY CUNHA SOARES
24-02-2022

Constructel Visabeira purchased the majority of the capital of Cunha Soares, S.A., a company which was established in the 1970s, specialised in the electric energy sector, and which has developed projects in Portugal and in several European countries, especially Germany.

Cunha Soares has the know-how to carry out all types of intervention work in the electricity sector, from the construction of low, medium, high and very high voltage lines, to the construction of substations, as well as civil construction work involved with that.

The company, now brought into the world of Grupo Visabeira, also has expertise in installing and maintaining public lighting and energy supply networks.

With this purchase, Constructel Visabeira has expanded its operational capacity in the various European countries where, for some years it has been one of the main players in the engineering of telecommunications and energy networks.

The acquisition of majority capital of Cunha Soares, S.A. is part of Constructel Visabeira´s macro growth strategy, either through its growth or purchasing companies already established and with proven evidence in the respective sector.

Cunha Soares has its registered office in Lousada, in Porto.