SPIE, the independent European leader in multi-technical services in the areas of energy and communications, has signed an agreement with Royal Boskalis Westminster N.V. for the sale of its near-shore cabling activities in Germany.

These activities constitute the major part of the Gas & Offshore division which was acquired with SAG in March 2017 and for which a sale process was initiated shortly thereafter. This disposal is in line with SPIE’s strategic focus on its core business of small, recurring, low-risk multi-technical services contracts.

The transaction was completed in April 2019.

CASE Corporate Finance acted as financial advisor to SPIE.


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