SPIE Company announced the signing of a contract to purchase 100% shares of Elektromontaż-Poznań S.A.
Elektromontaż-Poznań S.A. has nearly 75 years of experience and specializes in electrical installation services, including design, consulting, deliveries, and assembly for customers in the industrial, commercial and public administration sectors in Poland.
Elektromontaż-Poznań S.A. achieved a revenue of approximately 70 million EUR in 2023. It employs about 330 workers.
With this acquisition, SPIE will strengthen its market share in the electrical and mechanical building technology sectors in Poland, while expanding its competencies and increasing its customer base.
“This purchase will allow SPIE to expand its competencies in the field of electrical and mechanical building technologies, and become one of the top three players in the Polish market. Thanks to its longstanding and established reputation, Elektromontaż-Poznań S.A. has considerable experience in delivering highly value-added solutions, which gives us confidence that we will be able to meet the needs of our customers in the future,” says Paweł Skowroński, Managing Director of SPIE Central Europe.
“By joining SPIE, we have found a strong partner for further development of our business. The merger of our teams will make us stronger, allow us to offer our services to a wider range of customers,
and carry out the most demanding contracts,” says Tomasz Bochna, CEO of Elektromontaż-Poznań S.A.
SPIE anticipates closing the transaction in the first quarter of 2025, subject to customary closing conditions, including antitrust approval.
Source: https://managerplus.pl/spie-wzmacnia-pozycje-na-polskim-rynku-przejmujac-elektromontaz-poznan-s-a-68525
