ECT French leader in upcycling of inert soils, serving both the building industry and local communities Headquarters: France Industry: Services B2B Activity: Upcycling of inert soils Acquisition date: 2023 Share capital: 59.4% Website: https://www.groupe-ect.com/ Founded in 1998, ECT Group is the French leader in upcycling of inert soils, serving both the construction and infrastructure industries and local communities. ECT built its leadership position by carrying out non-built development projects with excavated soils from urban construction sites. These developments take the form of landscape parks, biodiversity zones, urban forests, agricultural areas, outdoor sport areas or photovoltaic power plants. This upcycling activity enables the company to meet the environmental needs of the construction industry through the management and traceability of excavated soils, and to work with local authorities on projects improving their attractiveness. ECT, with its unique and virtuous business model, puts ESG considerations and circular economy principles at the core of its development. In particular, ECT allows the removal of inert soils at a better distance from the excavation sites. Headquartered in France, ECT employs 200 people and manages 15 million tons of excavated soils per year. Mainly active in France, ECT Group aims to expand its geographical footprint under the Landify brand through its subsidiaries in Germany, Switzerland and the USA. CNP invested in ECT in 2023 alongside Sienna Private Equity and ECT’s management team.