VINCI Construction is set to broaden its presence in Latin America’s specialist geotechnical sector through the planned acquisition of Grupo TDM’s geosynthetics division in Peru. The agreement has been signed by Geoquest, a subsidiary of VINCI Construction, covering operations in Peru, Brazil, Argentina, Chile, Colombia and Mexico. The transaction remains subject to approval from the relevant authorities and is expected to be finalised before the end of 2026. Through the deal, VINCI Construction aims to reinforce its Ground Technologies offering across a region where infrastructure development, mining activity and environmental engineering projects continue to generate demand for advanced geotechnical solutions.
The division being acquired employs around 220 people and recorded approximately US$80 million in revenue during 2025. With more than three decades of experience, the business provides waterproofing, soil stabilisation, soil drainage and erosion protection systems for infrastructure projects throughout Latin America. Its manufacturing footprint includes facilities in Peru and Brazil that produce waterproofing geomembranes and geocells, commonly referred to as cellular confinement systems. These products play an important role in civil engineering, mining and infrastructure applications that require effective containment, erosion control and ground performance management.
According to VINCI Construction, the acquisition will enhance Geoquest’s regional position while expanding its technical capabilities in specialist ground engineering. The addition of TDM’s industrial assets and regional expertise is expected to create further opportunities for growth, particularly within the mining industry, one of the region’s most active users of geotechnical solutions. Geoquest, recognised for its Reinforced Earth® technique, designs and supplies geotechnical engineering structures and reinforced backfill systems. The integration of the acquired business is expected to strengthen its portfolio as demand for Ground Technologies continues to grow across Latin America.