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SPIE signs an agreement for the acquisition of SAR ANLAGENBAU GmbH in Austria and Germany

GlobeNewswire Inc.·
SPIE signs an agreement for the acquisition of SAR ANLAGENBAU GmbH in Austria and Germany

SPIE, the independent European leader in multi-technical services, has agreed to acquire a 76% stake in SAR ANLAGENBAU GmbH, an Austrian electrical engineering and automation solutions provider with ~230 employees and €100 million in annual revenue. SAR's Managing Director Arno Reisinger will retain a 24% stake. The acquisition, expected to close in early 2027, strengthens SPIE's presence in Austria and Germany while expanding its portfolio in infrastructure and industrial automation systems.

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