SPIE Strengthens Its Position with ECOexperts Acquisition
SPIE, a prominent European player in multi-technical services, has taken a significant step forward by agreeing to acquire ECOexperts Automation GmbH, based in Austria. This strategic move enhances SPIE's portfolio, particularly in energy and communications.
About ECOexperts Automation
In recent years, ECOexperts has carved out a niche as a specialized systems integrator, focusing on tunnel and traffic management. With a revenue of €7 million in the last fiscal period, ECOexperts has demonstrated remarkable growth and capability, employing a dedicated team of 21 skilled engineers.
Leadership Perspectives on the Acquisition
Markus Holzke, Managing Director of SPIE Germany Switzerland Austria, expressed enthusiasm for the acquisition, stating, “Our teams have collaborated for years, and welcoming ECOexperts aligns perfectly with our goal of enhancing our tunnel and traffic engineering capabilities.” Andreas Christandl, who oversees SPIE's Austrian operations, echoed this sentiment, emphasizing the shared vision and strong collaborative history between the two companies.
Future Vision with SPIE
Founder and Managing Director of ECOexperts, Franz Rindler, shared his thoughts on the acquisition, stating, “We firmly believe that uniting with SPIE presents an excellent opportunity for growth and innovation for our customers and employees.” This sentiment points to a promising future as both entities work together to achieve their goals.
The Upcoming Transaction Details
The transaction is set to finalize by the year's end, pending approval from the antitrust authorities. This acquisition signifies a critical development for SPIE, expanding its operational landscape and competing capabilities in the market.
About SPIE Group
SPIE is synonymous with high-quality energy and data transmission services across Europe. With a dedicated workforce of 55,000 employees, the company is committed to promoting energy transition and responsible digital transformation. In the previous year, SPIE reported impressive consolidated revenues of €9.9 billion and an EBITA of €712 million, reflecting their strong market presence and operational efficiency.
Company Contacts
For more information about SPIE and their initiatives, reach out to:
Pascal Omnès
Group Communications Director
Tel. +33 (0)1 34 41 81 11
Email: pascal.omnes@spie.com
Investor Relations
Email: Investors@spie.com
Media Inquiries
Laurent Poinsot & Claire Doligez
Tel. +33 (0)1 53 70 74 70
Email: spie@image7.fr
Frequently Asked Questions
What does the acquisition of ECOexperts mean for SPIE?
This acquisition enables SPIE to expand its expertise in tunnel and traffic management, enhancing its service offerings in this specialized field.
How has ECOexperts Automation performed recently?
ECOexperts has shown strong performance, generating €7 million in revenue with a dedicated team of highly skilled engineers.
Who are the key leaders involved in this acquisition?
Markus Holzke and Andreas Christandl represent SPIE, while Franz Rindler, founder of ECOexperts, will continue to drive the business forward post-acquisition.
When is the transaction expected to finalize?
The transaction is anticipated to close by the end of the year, contingent on approval from regulatory authorities.
What is SPIE's commitment to its workforce?
SPIE emphasizes its commitment to fostering a positive work environment, focusing on energy transition and digital transformation initiatives for its employees and clients.
