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SPIE Announces the Signing for the Takeover of IS&P Unit from KPN


News provided by

SPIE

19 Mar, 2013, 08:47 GMT

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CERGY, France, March 19, 2013 /PRNewswire/ --

SPIE, the leading independent European technical service provider in the area of energy and communication, today announces the signing of an agreement for the acquisition by SPIE Nederland of IS&P (infrastructure services & projects) from KPN Group.

     (Logo: http://photos.prnewswire.com/prnh/20120731/552278 )

With over 600 employees based in Zoetermeer, Houten, Apeldoorn, Eindhoven, Rotterdam and Assen, IS&P has a turnover of more than 100 million euros annually. The takeover of IS&P enables SPIE Nederland, in combination with its existing activities and recent takeover of Gebr. Van der Donk, to offer a global service in the area of digital connectivity.

Lei Ummels, CEO of SPIE Nederland declared "This acquisition satisfies SPIE's wish for a balanced presence in the industry, infrastructure and commercial real estate markets in the Netherlands. The technological know-how and the customer portfolio complement SPIE Nederland's current activities. IS&P will form the basis of a new division within SPIE Nederland: SPIE-ICS (SPIE-Integrated Connectivity Solutions)."

John van Vianen, director of KPN Business segment, said "We found SPIE to be a good takeover partner for our business unit IS&P. IS&P will be able to develop a far broader spectrum within SPIE and thereby continue to offer high quality services to KPN customers in the future. This sale of the infrastructure activities fits in with our strategy of focussing increasingly on the core activities of KPN Business segment, enabling us to provide our customers with total IT solutions in collaboration with selected partners".

This takeover is subject to the approval of the NMA and to the positive advice of the Works Councils of IS&P and SPIE Nederland.

Profile IS&P

IS&P is an independent organisation that is aimed at the installation, maintenance and management of communication infrastructure (wired and wireless), for data and voice, and datacenter for its clients. IS&P has found a strategic partner in SPIE Nederland, for which communication infrastructure projects are core business.

Preferred supplier KPN

SPIE-ICS keeps its status as preferred partner within KPN: KPN will cite SPIE-ICS as preferred supplier in all its offers to business customers.

About SPIE Nederland

SPIE Nederland has more than 2,000 employees and generated a pro forma turnover of EUR 321 million in 2011 through its 17 branches. SPIE Nederland works through the divisions of SPIE-Technology, SPIE-Infra, SPIE-Building Systems, SPIE-Controlec Engineering and SPIE-Industry for both the private sector as well as the public sector in all disciplines involved in the design, building and maintenance of network systems, energy installations, bridges, locks, dams, industrial installations and building installations. SPIE Nederland holds a position in the top 5 technical service providers in the Netherlands.

About SPIE

As Europe's independent leader in electrical, mechanical and HVAC engineering, energy and communication systems, SPIE improves the quality of our living environment by helping local and regional authorities and businesses to design, build, operate and maintain facilities that are more energy efficient and environmentally friendly.

With 29,055 employees working from more than 400 locations in 31 countries, SPIE achieved pro forma production of €4.047 billion and generated EBIT of €218.2 million in 2011.

http://www.spie.com

http://www.myspie.eu

https://www.facebook.com/SPIEgroup

http://twitter.com/spiegroup

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