M&A Deal Summary

SPIE Acquires Otto LSE

On July 17, 2024, SPIE acquired life science company Otto LSE

Acquisition Highlights
  • This is SPIE’s 1st transaction in the Life Science sector.
  • This is SPIE’s 4th transaction in Germany.

M&A Deal Summary

Date 2024-07-17
Target Otto LSE
Sector Life Science
Buyer(s) SPIE
Deal Type Add-on Acquisition

Target

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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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 11 of 12
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 10 of 11
Country (Germany) 4 of 4
Year (2024) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-03-11 ICG

Leonberg, Germany

ICG builds complex FTTx networks on behalf of public and private German network operators. ICG is based in Leonberg, Germany.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-24 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.

Buy -