SPIE (EPA:SPIE) - SPIE - Press release - SPIE to acquire TELBA Group in Germany
Transparency directive : regulatory news
26/04/2019 17:45
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Press Release
SPIE to acquire TELBA Group in Germany
Strengthening Information & Communication
Services competence
Ratingen, April 26th 2019 - SPIE, the independent European leader in
multi-technical services in the areas of energy and communications, has
announced its intention to acquire Telba AG and its subsidiaries (TELBA Group)
in Germany. SPIE has signed an agreement with the shareholders of TELBA AG with
a view to complete the transaction in the second quarter of 2019.
The acquisition of TELBA Group will allow SPIE to strengthen its presence in
the German Information & Communication Services market. TELBA Group is one of
the leading German companies for technical services in the fields of
information, communication and building security and has a broad and loyal
customer base. With around 400 qualified employees, TELBA Group generated total
revenues of around
EUR67 million in 2018.
SPIE and the shareholders of TELBA AG have signed an agreement with the view to
complete the contemplated transaction by June 2019, subject to the approval of
the antitrust authorities.
Markus Holzke, Managing Director of SPIE Deutschland & Zentraleuropa, stated:
"We are very pleased to be able to further strengthen our Information &
Communication Services competences with the expertise of the employees of TELBA
Group. With their know-how, we can further deepen our competences in the areas
of information, communication and security technology, especially in solutions
for the health sector. As a leader in multi-technical services we will also
reach a critical size in this field and an even stronger local presence."
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 46,400 employees and a strong local presence, SPIE achieved in
2018 consolidated revenues of
EUR6.7 billion and consolidated EBITA of EUR400 million.
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
www.brunswickgroup.com
www.spie.com
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