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SPIE SA M&A Activity 2024
1681_iss_2024-10-29_3c534113-efef-4e04-9290-bb6863572018.pdf
M&A Activity
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Press release
SPIE signs an agreement for the acquisition of Elektromontaż-Poznań S.A. in Poland
Cergy, October 29 th, 2024 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the signature of an agreement to acquire 100% of Elektromontaż-Poznań S.A.
With nearly 75 years of experience, Elektromontaż-Poznań S.A. is specialized in electrical installation services including design, consulting, delivery and installation for customers from the industrial, commercial and public administration sectors in Poland.
Elektromontaż-Poznań S.A. generated a revenue of c. € 70 million in 2023 and employs approximately 330 employees.
With this acquisition, SPIE will strengthen its market share in the electrical and mechanical building technology sectors in Poland, while also expanding its portfolio of competencies and enlarging its customer base.
Pawel Skowroński, Managing Director of SPIE Central Europe, declared: "This acquisition will enable SPIE to enlarge its competencies in the domain of electrical and mechanical building technology, and to become one of the top 3 player in the Polish market. With a long-standing and well-established reputation, Elektromontaż-Poznań S.A. has a strong track record in providing very high added value solutions, which gives us confidence in meeting our customers' needs in the future."
Tomasz Bochna, CEO of Elektromontaż-Poznań, said: "By joining SPIE, we have found a strong partner to further develop our activities. The combination of our teams will enable us to be stronger and to offer our services to a wider range of customers and the most demanding contracts."
SPIE expects to close the transaction in Q1 2025, subject to customary closing conditions among which antitrust approval.
About SPIE
SPIE is the independent European leader in multi-technical services in the areas of energy and communications. Our 50,000 employees are committed to achieving the energy transition and responsible digital transformation alongside our customers.
SPIE group achieved in 2023 consolidated revenue of €8.7 billion and consolidated EBITA of €584 million.
Contacts
SPIE Pascal Omnès Group Communications Director
Tel. + 33 (0)1 34 41 81 11 [email protected] SPIE Central Europe Agata Marcinkiewicz
Communications and Marketing manager Tel. +48 609 601 233 [email protected]
SPIE Audrey Bourgeois Investor Relations Director Tel. + 33 (0)1 34 41 80 72 [email protected] IMAGE 7 Laurent Poinsot & Claire Doligez Tel. + 33 (0)1 53 70 74 70 [email protected]
www.spie.com https://www.facebook.com/SPIEgroup http://twitter.com/spiegroup
Disclaimer
Certain information included in this press release are not historical facts but are forward-looking statements. These forward-looking statements are based on current beliefs, expectations and assumptions, including, without limitation, assumptions regarding present and future business strategies and the environment in which SPIE operates, and involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements, or industry results or other events, to be materially different from those expressed or implied by these forward-looking statements.
Forward-looking statements speak only as of the date of this press release and SPIE expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements included in this press release to reflect any change in expectations or any change in events, conditions or circumstances on which these forward-looking statements are based. Such forward-looking statements are for illustrative purposes only. Forwardlooking information and statements are not guarantees of future performances and are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of SPIE. Actual results could differ materially from those expressed in, or implied or projected by, forward-looking information and statements. These risks and uncertainties include those discussed or identified under Chapter 2 "Risk factors and internal control" in SPIE's 2023 Universal Registration Document, filed with the French Financial Markets Authority (AMF) on April 5 th , 2024, under number D.24-0245 which is available on the website of SPIE (www.spie.com) and of the AMF (www.amf-france.org).
This press release includes only summary information and does not purport to be comprehensive. No reliance should be placed on the accuracy or completeness of the information or opinions contained in this press release. This press release does not contain or constitute an offer of securities for sale or an invitation or inducement to invest in securities in France, the United States or any other jurisdiction.
