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New Deal


Announced

SPIE to acquire the Grid Solutions activities of Strukton Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Electricity Distribution

Netherlands

power distribution

Acquisition

Majority

Private

Cross Border

Pending

Friendly

Single Bidder

Synopsis

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SPIE, a French energy company, agreed to acquire the Grid Solutions activities of Strukton Group, an energy infrastructure company. Financial terms were not disclosed. "The Grid Solutions activities complement ours seamlessly. This acquisition represents an additional step in our development in the Netherlands. It enables SPIE to further support the main Transmission System Operator for the Netherlands in its multiple projects dedicated to electrification. I am looking forward to adding new highly skilled experts to our team. The quick integration of the activity will contribute to SPIE’s profitable and sustainable growth going forward," Peter Paasse, SPIE Director.

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