Cergy, August 1st, 2018 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has successfully completed the acquisition of Siétar & Vti S.A.S. (“Siétar”) in France.
Founded in 2003, Siétar specializes in industrial pipework and boiler making for liquid processes. The company, based in Pluneret in the Morbihan area (France), offers services to large companies in the agri-food industry. The company employs 44 people and generated €6m in revenue in 2017.
Olivier Domergue, Managing Director of SPIE France, commented: “This acquisition enables SPIE to strengthen its expertise in liquid processes and to broaden its range of services offered to the agri-food industry while enriching its client portfolio in the sector.”
Jacques Boixel, Chairman & CEO of Siétar, added: “We are delighted to join the SPIE group. As SPIE and Siétar share the same vision and common values, we believe that this combination will foster further growth.”
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