Announced
Financials
Sources
Tags
Electricity Distribution
Netherlands
power distribution
Acquisition
Majority
Private
Cross Border
Pending
Friendly
Single Bidder
Synopsis
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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