During the 1990s, SPIE developed from a civil, electrical and industrial engineering company into a multi-technical services company in the areas of energy and communications. Since 2006, thanks to self-financed growth, SPIE focuses on the execution of its business model, characterised by the diversity of its business portfolio, proximity to its clients, repeat business and the small size of deals.
Following the departure of AMEC, SPIE launches a new business project, based on its rediscovered identity. Entitled Sharing a Vision for the Future and involving all of its employees, this project highlights three fundamental values for the future: proximity, performance and responsibility.
The Group accelerates its growth in Europe, particularly in the United Kingdom, with the acquisition of the Building and Facilities Services business of the AMEC Group (SPIE Matthew Hall), and in the Netherlands, with the acquisition of Controlec, a company specialising in electricity, automation and mechanics. Over the next ten years, SPIE will acquire around 100 regional companies and double the number of its sites.
On 1 January 2010, Gauthier Louette, SPIE CEO since 2003, replaces Jean Monville as Chairman and Chief Executive Officer of SPIE. Once appointed, he launches the SPIE Green Economy policy, highlighting SPIE’s expertise in the areas of energy efficiency and renewable energies.
As a result of its first LBO (Leveraged Buyout), SPIE is sold by PAI Partners to a consortium led by Clayton, Dubilier & Rice, together with AXA Private Equity and the Caisse de dépôt et placement du Québec. When a second LBO is launched, 15,000 employees become shareholders of the Group, i.e. more than 50% of its workforce.
As the new challenges associated with the energy and digital transition take shape, SPIE reorganises its business into four strategic markets (Smart city, e-fficient buildings, Energies and Industry services) and implements global digitisation of the company, which contributes to the transformation of its services.
On 10 June 2015, as a result of its second LBO, SPIE goes public and becomes one of the top 100 listed companies on the French market. With more than one billion euros raised in shares, this is one of the largest operations in France since 2007. Simultaneously, SPIE launches a new employee shareholding plan offer, with a subscription rate of almost 43%. Two years later, the company joins the FAS IAS index, which includes all companies on the CAC All-Tradable index that meet all of the following conditions: at least 3% of the capital is owned by employees; 15% of the global workforce hold shares; and 25% of the French workforce hold shares.
Following the acquisition of Hochtief’s Service Solutions business in the German Facility and Energy Management sector in 2013, the acquisition of the SAG Group, the German leader in energy infrastructure services, enables the Group to take on a new dimension: SPIE has 46,650 employees at the end of the year and its geographical network extends to Poland, Hungary, the Czech Republic and Slovakia.
SPIE strengthens is local network with local acquisitions with targeted expertise in France, Germany and Belgium.
SPIE strengthens its two main geographic regions with four acquisitions. In France, the acquisition of Cimlec enables the development of expertise in automation and services dedicated to the industrial process. SPIE continues its expansion in Germany with the acquisition of Telba, a digital services specialist, and Osmo, an expert in traffic management, and in Austria with the acquisition of Christof Electrics.
Are you ready for the next 120 years?
Faithful to the spirit of the visionary entrepreneurs who created SPIE and have developed it over the last 120 years, the 46,000 men and women employed by SPIE are now continuing this technological and human adventure, to successfully complete the energy and digital transition with our clients. More than ever, the actions of SPIE and its employees focus on the long-term challenges posed by climate change.
With the acquisition of Worksphere, a Dutch specialist in smart and sustainable building services, SPIE becomes the largest multi-technical services provider in The Netherlands.
A History of SPIE, born and reborn – an interactive book
Relive the history of SPIE in augmented reality. The 350 page e-book ‘A history of SPIE, born and reborn’ takes you on an interactive tour of the Group’s history, with 3D animation, maps, video and audio clips, exclusive documents from the archive, and more.