Turnover: 2.3 billion EUR (2022)

Country: France

IDEX is an ETI with 4,000 employees in over 100 branches throughout France. The company has two main activities:

  • it provides energy efficiency services (mainly the maintenance and operation of heating and electricity installations) to a variety of clients (hospitals, prisons, etc.)
  • it manages heating and cooling networks for towns and cities, in particular with a view to making their energy mix more eco-responsible

The company includes the following subsidiaries:

  • Multidex, which offers customized, innovative solutions in energy efficiency, multi-technology, facilities management, building and occupant services
  • Save, which specializes in energy supply optimization
  • Must provide maintenance and repair services for housing equipment
  • Idex environnement is an expert in sustainable solutions in the operation of energy and organic waste recovery and biomass valorization units (methanization, composting, incineration)

Since 2018, IDEX has been owned by the Antin infrastructure fund

In particular, the Group has expanded through acquisitions in recent years, with in 2019:

  • Danpower Baltic becomes Idex Baltic in Lithuania
  • for its Works division, the Group acquired Améris (sales of €25 million in 2019)
  • takeover of Sylviana in 2020 - biomass plant in the Var region of France

News

Decarbonization: Idex goes on the offensive 18/12/2023

  • Idex currently boasts sales of 2.3 billion euros, with EBITDA of around 150 million euros.
  • Idex aims to double its EBITDA within five years.
  • A competitor, Coriance, number four in the French heating network market with sales of 350 million euros, also claims to have the ambition to double in size by 2030.
  • According to Benjamin Fremaux, President of the Idex Group, the heating network market now receives around a dozen bids a year, compared with two or three a few years ago.
  • Idex already has 18,000 buildings in its portfolio.

Studies mentioning this company

The HVAC market - France

Other companies mentioned:

  • Dalkia
  • CDL Elec
  • Vinci Groupe
  • Eiffage Groupe
  • Bouygues Construction
  • Daikin (France)
  • Climater Groupe
  • Air Climat
  • Snef
  • Patricola
  • MCI
  • INEO (Engie Energie Service)
  • Jimmy Energy
  • F2A
  • Eiffage Énergie Systèmes
  • Vinci Energies
  • Axima Concept (Engie)
  • Suez Groupe
  • Axenergie
  • CEME Groupe
  • Idex
  • Airwell (Systemair Groupe)
The heat pump market - France

Other companies mentioned:

  • Atlantic Groupe
  • BDR Thermea (De Dietrich, Remea, Baxi)
  • Daikin (France)
  • Vaillant Group (Saunier Duval)
  • Systemair
  • Comafranc
  • Richardson
  • Hervé Thermique groupe
  • Saint-Gobain Groupe
  • Carrier Global
  • Giordano Riello Group (Aermec)
  • Chappée (BDR Therma)
  • Intuis (Muller Groupe)
  • Airton
  • Beretta clima (Carrier)
  • Bosch Thermotechnology
  • BSB Europe (Broad group)
  • Weishaupt
  • Warmpac
  • Warmpool
  • Viessmann
  • Toshiba Climate
  • Toshiba Corporation
  • Thermocold (Ingersoll Rand)
  • Nibe Energy System (Technibel)
  • Stiebel Eltron
  • Panasonic
  • SCAAF
  • Saunier Duval (Groupe Vaillant)
  • Samsung Electronics France
  • BAXI Boilers
  • Chaffoteaux (Ariston)
  • Ariston Thermo
  • CIAT (Carrier)
  • Riello (Carrier)
  • EID
  • Erset
  • Frisquet
  • Heliopac
  • Johnson Controls
  • Kuthe
  • LG Electronics France
  • Mitsubishi Electric
  • MTA Cooling Conditionning
  • Nextherm
  • REMKO
  • Lennox International
  • Airwell (Systemair Groupe)
  • Alpha Innotec (Nibe Group)
  • Bosch
  • Systemair Groupe
  • Rexel
  • Arkteos (Actidis Groupe)
  • Aldes Aerolique
  • Idex
  • Arkeon Energy Systems
  • Xterma Energies
The air conditioning market - France

Other companies mentioned:

  • Ariston Thermo
  • BDR Thermea (De Dietrich, Remea, Baxi)
  • Daikin (France)
  • Systemair
  • Lennox International
  • Saint-Gobain Quartz
  • Rexel
  • Comafranc
  • Richardson
  • Hervé Thermique groupe
  • Atlantic Groupe
  • Vaillant Group (Saunier Duval)
  • Carrier Global
  • Airwell (Systemair Groupe)
  • Systemair Groupe
  • Viessmann
  • Airvance
  • Mitsubishi Electric France
  • Carrier Refrigeration France
  • LG Electronics France
  • Frisquet
  • Idex
  • Soler & Palau
The market for heating and cooling networks - France

Other companies mentioned:

  • Dalkia
  • Coriance
  • Véolia Groupe
  • Cerema
  • Barriquand
  • CPCU (Engie Groupe)
  • Compagnie de Chauffage
  • Ademe
  • Firalp
  • Idex

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