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New Deal


Announced

Completed

SPIE completed the acquisition of a 85% stake in Correll Electrical Engineering.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For85%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private

Engineering Consulting

Acquisition

Majority

Completed

United Kingdom

electrical engineering

Cross Border

Friendly

Single Bidder

Synopsis

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SPIE, an independent European provider of multi-technical energy and communications services, completed the acquisition of a 85% stake in Correll Electrical Engineering, a group specialising in electrical engineering and cabling for the offshore wind industry. Financial terms were not disclosed.

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