Press release - SPIE signs an agreement to acquire MBG energy in Germany
March 27 2024 - 12:40PM
Press release - SPIE signs an agreement to acquire MBG energy in
Germany
Cergy, March 27th,
2024 – SPIE, the independent European leader in
multi-technical services in the areas of energy and communications,
announces the signature of an agreement to acquire c.75% of MBG
energy GmbH in Germany.
MBG energy GmbH is a provider of engineering,
procurement and construction (EPC) services for thephotovoltaic
roll-out mainly for rooftop installation on buildings in
North-Eastern Germany. The company, headquartered in Berlin, was
founded in 2018 and employs 47 employees. The company generated a
revenue of approximately 15 million euros in 2023.
With this acquisition, SPIE will strengthen its
position in the fast-growing photovoltaic roll-out market and gain
competences in that field in a context of the adoption by the
European legislators of the EU Solar Standard within the European
Performance of Buildings Directive. This legislation is set to
require solar installations on buildings across the European Union.
The acquisition of MBG energy GmbH will also provide with potential
commercial synergies with the existing Technical Facility
Management segment of SPIE in Germany.
The management team of MBG energy GmbH comprises
the founders who will join SPIE’s team to further develop the
business and they will stay as minority shareholders. Thus, SPIE
acquires c.75% of the share capital, while the remaining c.25%
shareholding will be retained by the current management team. The
agreement includes put and call mechanisms related to the
c.25%.
About SPIE
SPIE is the independent European leader in
multi-technical services in the areas of energy and communications.
Our 50,000 employees are committed to achieving the energy
transition and responsible digital transformation alongside our
customers. SPIE group achieved in 2023 consolidated revenue of €8.7
billion and consolidated EBITA of €584 million.
Contacts
SPIEPascal OmnèsGroup Communications Director Tel.
+ 33 (0)1 34 41 81 11pascal.omnes@spie.com |
SPIEAudrey BourgeoisInvestor Relations
DirectorTel. + 33 (0)1 34 41 80 72audrey.bourgeois@spie.com |
IMAGE 7Laurent Poinsot & Claire DoligezTel. +
33 (0)1 53 70 74 70spie@image7.fr |
www.spie.comhttps://www.facebook.com/SPIEgrouphttp://twitter.com/spiegroup
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“Risk factors and internal control” of SPIE’s 2022 Universal
Registration Document, filed with the French Financial Markets
Authority (AMF) on April 12th, 2023 under number D.23-0265, which
is available on the website of SPIE (www.spie.com) and of the
Autorité des marchés financiers (www.amf-france.org). This press
release includes only summary information and does not purport to
be comprehensive. No reliance should be placed on the accuracy or
completeness of the information or opinions contained in this press
release.
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any other jurisdiction.
- Press release - SPIE signs an agreement to acquire MBG energy
in Germany
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