Fayat Group Explained

FAYAT SAS
Industry:Construction
Foundation:1957
Founder:Clément Fayat
Location City:Bordeaux, France
Revenue:4.1 billion Euro turnover by the FAYAT Group in 2020
Num Employees:About 21,505 employees worldwide
Website:FAYAT GROUP

The Fayat Group is a French and international construction and industrial company.

It is a family owned firm, founded in 1957 by Clément Fayat, and managed by his sons Jean-Claude Fayat and Laurent Fayat.[1] It is structured in 7 fields of activity :

There are 205 subsidiaries in 120 countries, 21,505 employees, and 2020 revenue of Euro 4.1 billion Fayat is the largest independent construction group in France.[2]

Acquisitions include: Dulevo,[3] Dynapac,[4] BOMAG.

One of Fayat's subsidiaries is working on the controversial Upper Yeywa dam project in Shan State, Myanmar (Burma). The dam is opposed by local residents and will result in displacement and environmental damage.[5]

Notes and References

  1. Web site: Clement Fayat & family . Forbes.
  2. Web site: FAYAT SAS . 7 November 2021.
  3. Web site: Fayat Group expanding .
  4. Web site: Fayat Group Acquires Dynapac .
  5. Web site: Burma Campaign .