M&A Deal Summary

SPIE Acquires Gie Horus

On July 24, 2024, SPIE acquired business services company Gie Horus

Acquisition Highlights
  • This is SPIE’s 4th transaction in the Business Services sector.
  • This is SPIE’s 2nd transaction in France.

M&A Deal Summary
Date 2024-07-24
Target Gie Horus
Sector Business Services
Buyer(s) SPIE
Deal Type Add-on Acquisition

Target

Gie Horus

Maurepas, France
Gie Horus operates three companies ABC, ETC, and SIRAC for non-destructive testing and inspections in the nuclear industry (radiographic, ultrasonic, and penetrant testing, as well as magnetic particle inspection) and operates throughout France with over 300 qualified employees. Gie Horus was formed in 1994 and is based in Maurepas, France.

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Buyer(S) 1

Buyer

SPIE

Cergy-Pontoise, France
Category Company
Founded 1900
Sector Engineering
Employees45,851
Revenue 8.7B EUR (2023)
DESCRIPTION

SPIE provides multi-technical contracting services in France and offers electrical, heating ventilation, air conditioning servicing, and mechanical engineering to end markets. SPIE was founded in 1900 and is based in Cergy-Pontoise.

DEAL STATS #
Overall 12 of 12
Sector (Business Services) 4 of 4
Type (Add-on Acquisition) 11 of 11
Country (France) 2 of 2
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-17 Otto LSE

Nurnberg, Germany

Otto LSE is a specialized provider of EPC services (engineering, procurement, and construction) for pharmaceutical and biotech production facilities and laboratories. The company covers the entire value chain (from planning, designing, and delivering to re-qualifying) by providing value solutions in process design, pure media, clean room, and building technology management. Otto LSE is based in Nurnberg, Germany.

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