Strengthening the positioning of SPIE in Information & Communication Services in Germany.

Cergy, 19 June 2023 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has announced the acquisition of 100% of Enterprise Communications & Services GmbH.

Enterprise Communications & Services GmbH (ECS), headquartered in Leipzig, provides technical services in information and communication technology for a well-diversified customer base. With around 130 experienced and highly qualified employees, ECS generated total revenues of around €22 million in 2022.

Peter Severin, founder and Managing Director of ECS: "I am very pleased to have found in SPIE a responsible partner for our customers, our business partners and above all for the employees of ECS. SPIE is a successful and future-oriented company. With SPIE, I know ECS is in the best hands."

Markus Holzke, Managing Director of SPIE Deutschland & Zentraleuropa: "It is an opportunity for SPIE to continue its expansion strategy in its key markets. With ECS and the strong expertise of its 130 employees, SPIE will strengthen its positioning in Information & Communication Services in Germany. We are very much looking forward to the future together!"

The closing of the transaction is expected to take place in August 2023 and is subject only to approval by the antitrust authorities.