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Friday 14 September, 2007

SPIE

SPIE Acquires UK Company Matthew Hall and Stren...





PARIS, September 14 /PRNewswire/ --     SPIE today announces that it acquired 
the Building and Facilities 
Services business of international project management and services
company AMEC plc. The initial agreements were signed on 3 August (i) and
finalised after employees' representative bodies were consulted in France and
the United Kingdom.



    In keeping with SPIE's strategy, SPIE Matthew Hall will
provide multi technical engineering services from initial design, through
mechanical and electrical installation services, to long-term FM across a
wide variety of market sectors for clients with specialised requirements for
highly engineered facilities. It has extensive operations in the United
Kingdom with offices in London, Birmingham, Bristol, Glasgow, Edinburgh,
Darlington and Manchester - in addition to locations at customer sites.



    The company, which will conduct its business under the name
SPIE Matthew Hall, generated sales of close to 500 million euros in 2006 and
operating profit of around 15 million euros. It has more than 2,300 employees
working on several hundred contracts.



    SPIE Matthew Hall will be the largest contributor to group
sales and lift the share of revenue generated outside France from 28% to 40%.



The acquisition places SPIE among the European leaders in its sector.

(i) Press Release available on http://www.spie.com

About SPIE

    As a specialist in electrical, mechanical and HVAC
engineering, energy, communications and infrastructure, SPIE supports and
brings innovative solutions to local authorities and businesses to design,
build, operate and maintain their facilities.



    SPIE's 23,000 employees work from nearly 400 locations in 28
countries providing advanced technical services and solutions to meet the
current and future challenges of both local and international customers.



    In 2006, SPIE generated turnover of EUR2.7 billion and EBIT of EUR87.7
million.


                                                                                         

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