In the twenty-first century, responding to worldwide economic
and financial crisis, Efacec started a restructuring process,
namely on international markets structures as well as
a simplification of the company portfolio. Alongside the company sold
some assets and business considered non-nuclear.
At that time Efacec was renamed to Efacec Power Solutions, SA. (EPS)
a company with a new business perimeter, reinforcing its core businesses.
The constitution of EPS on 2014 was part of Efacec Capital, SGPS, S.A.
restructuring process started at the end of 2013, aiming to align
the corporate structure of Efacec Group with the market segments and
target geographies addressed.
In October 2015 Winterfell Industries acquired
the majority stake of Efacec Power Solutions. Efacec previous shareholders
José de Mello Group and Textil Manuel Gonçalves, became minority shareholders
and new Corporate Bodies were elected.
2020 is being a year of shareholder change for Efacec.
The Council of Ministers of Portugal, through Decree Law 33-A / 2020, of 02 July,
nationalized 71.7% of the share capital of Efacec Power Solutions, SGPS, SA,
the holding company of the Efacec Group, with the objective of resolve
the impasse experienced in the shareholder reconfiguration process
during the first half of 2020, allowing the continuity of the company and ensuring
the stability of its financial and operational value. Nationalization has
a provisional character and the Nationalization Decree-Law itself
determined the immediate reprivatisation of the company
in the shortest possible time, and the respective process is ongoing.
The new Governing Bodies were elected on October 2, 2020.