ENGIE acquires CNN MCO, French naval specialist

ENGIE, via its subsidiary ENDEL has announced its acquisition of CNN MCO, a French company specializing in the maintenance, management, and upkeep of all types of naval vessels. The acquisition is part of ENGIE’s transformation strategy, strengthening the Group’s portfolio of B-to-B services and solutions.

CNN MCO is a subsidiary of La Compagnie Nationale de Navigation (CNN) created in 2008 to handle maintenance and logistical support for various types of naval vessels (fast ships, patrol boats, survey and ocean vessels, etc.). CNN MCO applies cutting-edge expertise developed within the context of a ship owner culture and covering technical consulting, safety procedures, parts shipping, and expert interventions. Whether at berth, in a dry dock, or even during a voyage, the company can perform any type of maintenance or repairs.

The Brest-based company (located in Finistère Department) is maintaining the operational readiness of 50 vessels belonging to the French navy and customs office. More broadly, its activities cover a wide variety of units within the French national navy, foreign navies, private ship owner fleets.