Brussels, 17 June 2013 – SPIE Belgium announces its intention to acquire the group Devis composed of the companies Thermofox (based in Lokeren), Devinoxs, Deservis and Devis, the three of them based in Geel (province of Antwerp).
The group Devis is active in the sector of HVAC installations as well as in their maintenance. It employs 300 persons and realizes an annual turnover of €65 million.
Johan Dekempe, managing director of SPIE Belgium declares: « Thanks to this acquisition, SPIE Belgium will strengthen its position in the commercial sector, which becomes, for us, as important as the industrial market. SPIE Belgium and the Devis group are highly complementary on the HVAC market for both new projects and maintenance, especially on a geographical and customer portfolio view point. In accordance with SPIE’s acquisition strategy, SPIE Belgium will count on the existing management team of the Devis group so as to make this acquisition highly successful to SPIE. »
The completion of this acquisition remains subject to the approval from the Belgian Competition Authority and to the positive advice of the Works Councils of both companies.
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