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1954: Creation of the first subsidiaries

In winter 1954, faced with a housing deficit and a need for local facilities and infrastructure, Caisse des Dépôts created several specialised subsidiaries.

Therefore the following were created: Scic in 1954, a real-estate company that became Icade in 2003, Scet in 1955, a service provision cluster for the local semi-public companies (SEM) for spatial planning, VVF in 1958, specialising in social and family tourism and finally Scetauroute in 1970, in the industry of motorway facilities. The development of services has since widened to the public transport sector for passengers with Transdev in 1990, to engineering infrastructure with Egis in 1998 (via the merger of Scetauroute and other engineering subsidiaries) and lastly to the business of ski and leisure park operation with the Compagnie des Alpes in 1989. In 2004, Caisse des Dépôts acquired all the equity of the Société Nationale Immobilière (SNI), which became the number one social landlord in France.

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