Cie d'Entreprises CFE provides civil engineering and construction services. It operates its business through three segments: dredging & environment, contracting and real estate development. The most important subsidiary is DEME ("Dredging, Environmental & Marine Engineering"), which engages in dredging and land reclamation, services to oil & gas companies, the installation of offshore wind farms and environmental activities. Contracting consists of activities in construction, multitechnics and rail infra. CFE was founded in 1880. DEME was created in 1991 as a result of the merger of Dredging International and Baggerwerken Decloedt. CFE increased its ownership in DEME to 100% in 2013.