SPIE agrees to acquire 76% stake in SAR Anlagenbau
Bitget2026/10/28 18:00- SPIE signed an agreement to acquire a 76% stake in Austria-based electrical engineering and automation provider SAR Anlagenbau.
- Managing Director Arno Reisinger will co-invest with a stake of up to 24%; the existing management team will retain operational responsibility.
- SAR generated approximately €100 million in revenue in fiscal 2025/26, with around 230 employees.
- The acquisition will expand electrical services for industrial automation and infrastructure projects in Austria and Germany.
- Closing is expected in early 2027, subject to customary closing conditions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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