SPIE Ibérica de Mantenimiento SA, based in Barcelona, was acquired from SPIE (European leader in electrical and mechanical engineering with 29.000 employees and sales of €3.75 billion).
With c. 550 employees and €52M sales in 2010, SPIE IBÉRICA is a leading player in the Spanish multi-technical services market. SPIE IBÉRICA serves the needs of clients in both industrial and tertiary sectors, through a comprehensive range of multi-technical services from initial mechanical and electrical design through installations and commissioning to long-term maintenance and facility management.
PHI has the industrial experience and financial strength to support SPIE IBÉRICA’s transition in to a stand-alone company and counts on the management team to further pursue the development of its focused service franchise in the Spanish market.
W ith SPIE, PHI sums its third acquisition in the last 12 months, strengthening its market position as a holding specialized in acquiring companies in special situation as well as non core business divestment of international corporations.