SPIE (EPA:SPIE) - SPIE - SPIE acquires Systemat and enters the ICT market in Belgium

Transparency directive : regulatory news

02/02/2018 08:31

Press release

SPIE acquires Systemat and enters the ICT market in Belgium

Brussels, February 2nd, 2018 - SPIE, the independent European leader in
multi-technical services in the areas of energy and communications, signed an
agreement for the acquisition of Systemat in Belgium. This acquisition allows
SPIE to enter the Information and Communication Technology (ICT) services
market in Belgium and to complement the wide range of services already offered
by the Group in this country.

Established in 1981 and active both in Belgium and Luxembourg, Systemat is a
provider of IT solutions related to the management of ICT equipment, software
and infrastructure. The company employs around 150 employees and forecasts
revenue of approximately EUR70 million for the current fiscal year.

This acquisition will enable SPIE Belgium to set foot in the ICT business and
offer its customers this new range of services, already well-represented in the
Group's portfolio in other geographies.

The closing of the transaction remains subject to the approval of the relevant
antitrust authorities.

Johan Dekempe, Managing Director of SPIE Belgium, commented: "This acquisition
enables SPIE Belgium to further expand its service portfolio. Systemat's
expertise in the ICT market will allow SPIE Belgium not only to expand its
technical capabilities and client portfolio, but also to position itself on new
markets with a multi-services offering combining its different business
lines."

Pierre Focant, Managing Director of Systemat, and Vincent Schaller, Commercial
Director, added: "SPIE Belgium is the ideal partner for our company. We
consider this step as the continuity of Systemat's development, as we are
convinced that the digital transformation of companies will lead to the
convergence of both technical and digital services: this shared vision will
enable Systemat and SPIE Belgium to further develop under optimal
conditions."

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 38,000 employees working from close to 600 sites in 38 countries, SPIE
achieved in 2016 consolidated revenues of EUR5.1 billion and consolidated EBITA
of EUR352 million.

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

Press Contacts

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

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

Brunswick
Agnès Catineau
Tel.+ 33 (0)1 53 96 83 84
acatineau@brunswickgroup.com

SPIE's latest news

03/11/2023 06:52

SPIE (EPA:SPIE) - SPIE - SPIE acquires Systemat and enters the ICT market in Belgium

Transparency directive : regulatory news

SPIE's latest news

Other stories