Founded in 1961, Coteba grew within the Générale des Eaux group. Before adding engineering to its activities, Coteba began by promoting the development of a new activity in France: that of project management in the field of building construction.
In September 2003, by which time it had become a subsidiary of Nexity, Coteba gained its independence through a first LMBO. The group’s management now held most of its capital, in association with two financial institutions.
This independence allowed the company to diversify its client base and develop new types of original contracts (multi-site, multi-country projects) for major international clients. These contracts enabled the group to deploy its activities progressively in most European countries and then in a few countries outside Europe.
In 2006, Coteba acquired the construction engineering activities of the Thalès group. Coteba thus became a strong player in transportation and infrastructure engineering and boosted its skills in the area of complex industrial buildings.
In October 2007, following a second LMBO, the company became fully owned by its managers and employees. Its international expansion continued in Latin America, South Africa and Canada in particular. Coteba began providing EPC and turnkey contract services and also making inroads into the PPP market in the building construction sector.