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French company SPIE agrees to buy 76 percent of SAR ANLAGENBAU GmbH

By Reuters News

Oct 28 (Reuters) - Spie SA SPIE.PA:

  • SPIE will acquire a 76% stake in SAR ANLAGENBAU GmbH.

  • SAR ANLAGENBAU's Managing Director and Shareholder Arno Reisinger will co-invest in the business with a stake of up to 24%.

  • Headquartered in Hausmening, Austria, SAR ANLAGENBAU is a leading provider of electrical engineering and automation solutions.

  • SAR ANLAGENBAU had revenues of 100 million euros ($111.20 million) for the 2025/2026 fiscal year.

  • The closing of the transaction is expected to take place beginning of 2027 and is subject to customary closing conditions.

Further company coverage: SPIE.PA


($1 = 0.8993 euros)

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