SPIE (EPA:SPIE) - SPIE - Press release - SPIE signs agreement to acquire DÜRR Group

Transparency directive : regulatory news

25/08/2021 17:45

Press release

SPIE signs agreement to acquire DÜRR Group
Strengthening the market position in tunnel and traffic engineering in
Germany and Austria

Ratingen, 25 August 2021 - SPIE, the independent European leader in
multi-technical services in the areas of energy and communications, announces
the agreement for the acquisition of DÜRR Group.

Through the acquisition of DÜRR Group, SPIE takes a leading market position in
tunnel and traffic engineering in Austria and Germany. DÜRR Group is the
market leader in Austria and a major player in Germany in the field of
installation, automation and servicing of street tunnel systems. Founded in
1977 in Weinstadt near Stuttgart, the company generated total revenues of
approximately 60 million euros in 2020. In addition to the Dürr Group in
Weinstadt (tunnel engineering), the group includes Dürr Austria (tunnel
engineering), evon (software of industrial automation) and a stake in DMS
(traffic engineering components).

Markus Holzke, Managing Director of SPIE Deutschland & Zentraleuropa: "We are
very pleased to strengthen our competence in tunnel and traffic engineering
thanks to the comprehensive expertise of the nearly 230 motivated and
well-trained employees. Together with the competences of DÜRR Group we form an
important player for the technical equipment of tunnel and traffic control
systems. We are very much looking forward to shaping the future together with
the employees and the management team around Managing Director Andreas
Christandl!"

Alfred Dürr, Managing Director and founder of DÜRR Group: "I am very pleased
to have found in SPIE a responsible partner for our customers, business
partners and above all the employees of DÜRR Group. As a successful company,
SPIE offers the managers and employees a wide range of perspectives for further
personal development and that of the business. I am convinced that the further
development of what has been achieved so far will be successfully continued.
With SPIE, I know that DÜRR Group is in good hands."

Andreas Christandl, Managing Director of DÜRR Group: "Together, we have the
opportunity to combine our strengths and act as a leading player in the market
of tunnel and traffic engineering in Germany and Austria. I am convinced that
this will result in extensive potential for our customers and our employees
alike. We are very much looking forward to the future together at SPIE!"

The final closing of the transaction is only subject to approval by the
antitrust authorities.

About SPIE
SPIE is the European independent leader in multi-technical services in the
fields of energy and communications. Our 45 500 employees are committed with
our customers to the success of the energy transition and digital
transformation.

In 2020, SPIE generated a consolidated production of 6,6 billion euros and a
consolidated EBITA of 339 million euros.

Press contacts

SPIE
Pascal Omnès
Group Communications Director
Tel. + 33 (0)1 34 41 81 11
pascal.omnes@spie.com

SPIE
Thomas Guillois
Director of Investor Relations
Tel. + 33 (0)1 34 41 80 72
thomas.guillois@spie.com

Agence Droit Devant
Philippe Hériard
Press Relations Consultant
Tel. + 33 (0)1 39 53 53 33
heriard@droitdevant.fr

www.spie.com
https://www.facebook.com/SPIEgroup
http://twitter.com/spiegroup

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03/11/2023 06:52

SPIE (EPA:SPIE) - SPIE - Press release - SPIE signs agreement to acquire DÜRR Group

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