SPIE completed the acquisition of a 75.1% stake in BridgingIT.

SPIE, a company specializing in the fields of electrical, mechanical and climatic engineering, energy and communication networks, completed the acquisition of a 75.1% stake in BridgingIT, an independent technology and management consultancy business that offers customised IT solutions. Financial terms were not disclosed. "We are very pleased to join SPIE as the Group is a leader on its markets. We are impressed by SPIE's long-standing and trusting customer relationships and firmly believe that we can add significant value to a now much broader base of customers with our comprehensive digitalization expertise. BridgingIT offers tailored services for digital transformation along the entire value chain. We are convinced that this expertise will further strengthen SPIE's existing services," Frank Wallner and Klaus Baumgärtner, BridgingIT Founders and Managing Directors.