SPIE withdraws from the EQUANS acquisition competitive process
Cergy, October 12th, 2021 - SPIE, the European independent leader in
multi-technical services in the areas of energy and communications, today
announces its withdrawal from the EQUANS acquisition competitive process.
SPIE submitted a non-binding offer for the acquisition of EQUANS on September
6th, 2021 and was subsequently selected by the seller to participate in the due
SPIE considers that the information made available as part of this ongoing due
diligence phase is not sufficient to allow the Company to prepare, within the
defined timeframe, a binding offer that meets its standards and objectives.
As a consequence, and despite the strategic rationale of the project, SPIE
decided to stop all related workstreams and will not submit any offer at the
end of this due diligence phase.
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
In 2020, SPIE generated a consolidated production of 6,6 billion euros and a
consolidated EBITA of 339 million euros.
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