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SPIE SA — M&A Activity 2018
May 23, 2018
1681_iss_2018-05-23_cf77e9b5-09d9-44f6-8e35-6a919ab3637a.pdf
M&A Activity
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Press release
SPIE Nucléaire acquires Fluigetec in France
Cergy, May 23 rd , 2018 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has successfully completed the acquisition of Fluigetec in France from US-based group Lincoln Electric. This acquisition allows SPIE to complement the wide range of services it offers to the nuclear sector.
Based in Pierrelatte, Fluigetec S.A. ("Fluigetec") specializes in the installation, control and maintenance of gas distribution networks in industrial environments, with a particular know-how in the nuclear sector and a leading expertise in inerting systems. The company employs 19 people and generated revenue close to €2 million in 2017.
David Guillon, Managing Director of SPIE Nucléaire, commented: "This acquisition enables us to complement our service portfolio for the nuclear industry in France. Fluigetec's expertise will allow SPIE to expand its technical capabilities and better address its clients' expectations in the French nuclear industry."
Eric Sellier, Managing Director of Fluigetec, added: "We are pleased with the transaction with SPIE, as we are convinced that this will foster the future development of Fluigetec's activities."
SPIE Pascal Omnès Group Communications Director Tel. + 33 (0)1 34 41 81 11 [email protected]
Press Contacts
SPIE Thomas Guillois Investor Relations Director Tel. + 33 (0)1 34 41 80 72 [email protected]
Brunswick Agnès Catineau Tel.+ 33 (0)1 53 96 83 84 [email protected]
About SPIE
As the independent European leader in multi-technical services in the areas of energy and communications, SPIE supports its customers to design, build, operate and maintain energy-efficient and environmentally-friendly facilities.
With more than 46,500 employees and a strong local presence, SPIE achieved in 2017 consolidated revenues of €6.1 billion and consolidated EBITA of €388 million.
www.spie.com https://www.facebook.com/SPIEgroup http://twitter.com/spiegroup
SPIE Pascal Omnès Group Communications Director Tel. + 33 (0)1 34 41 81 11 [email protected]
Press Contacts
SPIE Thomas Guillois Investor Relations Director Tel. + 33 (0)1 34 41 80 72 [email protected]
Brunswick Agnès Catineau Tel.+ 33 (0)1 53 96 83 84 [email protected]