Public Company Industrial Services

SPIE

Cergy-Pontoise, Île-de-France, France

SPIE is an independent European multi-technical services group operating in energy, communications and infrastructure. It provides engineering, installation, operation and maintenance services, including mechanical and electrical services, information and communications technology, technical facility management, and transmission and distribution. The group reported 55,000 employees and €10.4 billion in revenue for 2025.

Focus Areas
Mechanical and electrical engineering services, Information and communications technology services, Technical facility management
Website
www.spie.com

Tracked deals

3

3 tracked deals across 2022-2024.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

3 buyout

SPIE Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for SPIE. 1 2022 1 2023 1 2024

Supporting Data

Recent Transactions

  • Buyer
    SPIE Group
    Target
    ICG Group
    Seller
    H.I.G. Capital
    Location
    Baden-Württemberg, Germany
    Type
    Buyout

    SPIE Group has signed a definitive agreement to acquire ICG Group from H.I.G. Capital. ICG, a German provider of fiber‑optic, mobile communications and electrical network planning, construction and maintenance with more than 700 employees, will remain under current management and the transaction is subject to antitrust clearance.

  • Buyer
    SPIE (through SPIE Oil & Gas Services / SPIE Global Services Energy)
    Target
    Correll Group
    Industry
    Energy
    Location
    North Yorkshire, United Kingdom
    Type
    Buyout

    French multi-technical services group SPIE will acquire 85% of Correll Group, a UK-based specialist in electrical engineering, installation and maintenance for the offshore wind sector. The deal expands SPIE Oil & Gas Services' footprint in offshore wind (it will be renamed SPIE Global Services Energy) and is expected to close in January 2024; Correll will retain 15% with management and contributes ~€55m revenue and c.109 employees plus 500+ contractors (2023).

  • Buyer
    BUTEC Group, Bouygues (European sale noted)
    Target
    ENGIE's 17 Energy Services companies in Africa (operations across 15 countries)
    Seller
    ENGIE Group
    Industry
    Energy
    Location
    Multiple Countries (Africa)
    Type
    Buyout

    BUTEC Group (UAE) completed the takeover of 17 energy services companies in 15 African countries from ENGIE Group, closing the transaction on March 31, 2022. The acquisition adds roughly 2,000 employees and strengthens BUTEC's multi-technical services and energy services footprint across Africa while ENGIE concentrates its efforts on green energy generation and distribution.

Related Acquisition Pages

Selling a company? Get in front of buyers like SPIE

Turn tracked acquisition activity into an outreach-ready buyer list.