Spie announces the signature of an agreement for the acquisition of approximately 75% of MBG energy GmbH, a German provider of engineering, procurement and construction services for the deployment of photovoltaic panels.

Specializing in the installation of solar panels on building roofs in northeast Germany, the company employs 47 people and generated sales of around €15 million in 2023.

MBG energy's management team, including the founders, will join Spie, and the remaining 25% of the capital will be held by the current management team. The agreement includes put and call mechanisms linked to this shareholding.

Copyright (c) 2024 CercleFinance.com. All rights reserved.