Cergy, April 18th, 2024 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the closing of the acquisition of c.92% of ICG Group in Germany.
With this acquisition SPIE will enter the market for 5G mobile telecommunications infrastructure and significantly strengthen its position in the fibre networks, a crucial move as Germany is still in the early stages for the roll-out of fibre across the country and is lagging behind the other European countries in that field.
ICG Group generated a revenue of c. 230 million euros in 2023 with margins north of 10% in line with the sector; the company employs approximately 720 highly skilled employees.
Contacts
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SPIE
Pascal Omnès Group Communications Director Phone : +33 (0)1 34 41 81 11 E-mail : pascal.omnes@spie.com -
SPIE
Audrey Bourgeois Investor Relations Director Phone : +33 (0)1 34 41 80 72 E-mail : audrey.bourgeois@spie.com -
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Laurent Poinsot Consultant Phone : + 33 (0)1 53 70 74 77 E-mail : lpoinsot@image7.fr