Vallourec and VINCI Immobilier: A New Era for Déville-Lès-Rouen
Vallourec and VINCI Immobilier's Strategic Partnership
In a significant development for both companies and the local community, Vallourec has officially announced its collaboration with VINCI Immobilier for the revitalization of the Déville-lès-Rouen site. This initiative marks a crucial step towards transforming an underutilized area into a thriving business hub, promising a blend of economic and social advancement.
Sale Agreement Signed
The journey began with Vallourec, a leader in premium seamless tubular solutions, engaging in a comprehensive decontamination and rehabilitation of the site in 2023. This commitment to improving the environment led to the agreement signed on July 11, 2025, marking a new chapter for the property. Following a competitive selection process that commenced with a call for tenders in September 2024, Vallourec secured an exclusive agreement with VINCI Immobilier, which proposed a vision aligning closely with the local economic priorities.
The Vision for Déville-Lès-Rouen Site
VINCI Immobilier, leveraging its extensive experience as a real estate operator, has laid out ambitious plans for the site. The project is designed to create diverse employment opportunities, catering to the needs of local industries while fostering a supportive ecosystem for businesses. The transformation aims to establish a hub that not only stimulates economic growth but also enriches the local community's social fabric.
As part of this initiative, VINCI Immobilier will construct turnkey facilities accommodating various businesses, ultimately facilitating the creation of around 300 new jobs. This aligns with Vallourec's commitment to encourage sustained economic activity in the area, demonstrating its dedication not just to business growth but to community development.
Sustainable Development Goals
Environmentally, the project incorporates sustainability at its core. In partnership with the local municipality and the Métropole Rouen Normandie, VINCI Immobilier is committed to enhancing the natural landscape of the area. Plans include rewilding sections of the site and developing 25% of the available land as green spaces, particularly around the restoration of the Cailly River, embracing a holistic approach to redevelopment.
Additionally, a segment of the former railway infrastructure will be repurposed into an urban walkway, further integrating nature into the business environment. This development aims to not only rejuvenate the immediate area but also promote a long-term vision of ecological balance and urban harmony.
Future Steps in the Partnership
As the partnership progresses, Vallourec and VINCI Immobilier will undertake the necessary regulatory actions required for final site transfer, anticipated for 2026. This transition signifies not just the transfer of property, but the birth of a new locale that embodies progress and innovation, standing as a testament to the dedication of both companies to serve the community and environment.
About Vallourec
Vallourec boasts a global reputation for delivering premier seamless tubular solutions tailored to the energy sector and demanding industries. With operations extending across more than 20 countries and a workforce of nearly 13,000 employees, Vallourec harnesses cutting-edge research and development to unlock new technological avenues, ensuring every project is met with innovative and safe solutions.
Publicly listed on Euronext Paris (ticker: VK), Vallourec is a component of prominent stock indices, demonstrating its financial stability and market significance. The company remains focused on expanding its operations while maintaining a clear commitment to sustainability and community engagement.
About VINCI Immobilier
VINCI Immobilier operates as a major player in the real estate sector, engaging in property development and management. Known for its broad range of services, it supports urban development while prioritizing social responsibility. Their initiatives aim to minimize environmental impacts and promote urban recycling by 2030, reflecting a forward-thinking ethos and a deep commitment to enhancing urban life.
Frequently Asked Questions
What is the purpose of the sale agreement between Vallourec and VINCI Immobilier?
The agreement is aimed at transforming the Déville-lès-Rouen site into a vibrant business hub that creates job opportunities and fosters community development.
How many jobs are expected to be created through this development?
Approximately 300 jobs are projected to be created as part of VINCI Immobilier's development plan for the site.
What environmental initiatives are included in the project?
The project includes restoring green spaces, rewilding parts of the site, and creating an urban walkway from a disused railway line.
When is the final site transfer expected to be completed?
The final transfer of the site is anticipated to occur in 2026, following necessary regulatory approvals.
What is Vallourec's role in the site rehabilitation?
Vallourec has undertaken decontamination and rehabilitation efforts at the site to prepare it for future development under VINCI Immobilier's plans.
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