SPIE (EPA:SPIE) - SPIE acquires FLM Freileitungsmontagen GmbH
Transparency directive : regulatory news
06/11/2018 17:45
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Press releaseSPIE acquires FLM Freileitungsmontagen GmbH
Ratingen, 6 November 2018 - SPIE, the independent European leader for
multi-technical services in the areas of energy and communications,
successfully concluded the acquisition of FLM Freileitungsmontagen GmbH
("FLM").
FLM, founded in 2007 and headquartered in Lienz, Austria, is mainly active in
Germany in the fields of overhead power line installation and switchgear
engineering services. With this acquisition, SPIE strengthens its expertise in
overhead power line installations in demanding terrain. The 34 highly qualified
industrial climbers (out of 44 employees) of FLM are specially trained to
operate in challenging areas of the alpine and pre-alpine landscape. FLM
generates revenue of approximately EUR4 million.
"SPIE and FLM have enjoyed a trusting partnership for many years. With SPIE, we
know that FLM is in good hands and we are looking forward to giving our very
best as SPIE", said FLM managing director Peter Tschurtschenthaler.
Markus Holzke, managing director of SPIE Deutschland & Zentraleuropa, added:
"We are very pleased with this acquisition. Thanks to FLM's expertise and
strong team, we are strengthening our services in the area of transmission and
distribution."
About SPIE
As the independent European leader in multi-technical services in the areas of
energy and communications, SPIE supports its customers to design, build,
operate and maintain energy-efficient and environmentally-friendly facilities.
With more than 46,500 employees and a strong local presence, SPIE achieved in
2017 consolidated revenues of EUR6.1 billion and consolidated EBITA of
EUR388 million.
www.spie.com
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Press contacts
SPIE
Pascal Omnès
Group Communications Director
Tel. + 33 (0)1 34 41 81 11
pascal.omnes@spie.com
SPIE
Thomas Guillois
Investor Relations Director
Tel. + 33 (0)1 34 41 80 72
thomas.guillois@spie.com
Brunswick
Agnès Catineau
Tel. + 33 (0)1 53 96 83 84
acatineau@brunswickgroup.com
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