SPIE : Press release - SPIE acquires Planen & Bauen in Germany

Press Release

SPIE acquires

Planen & Bauen GmbH in Germany

Strengthening data center solutions offering

Cergy, December 21st, 2020 - SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announced today the acquisition of Planen & Bauen GmbH ("Planen & Bauen") in Germany.

Established in 1997 and located in the Frankfurt area, Planen & Bauen provides engineering services with a strong expertise in the field of data centers. Its range of services includes design, execution planning and works supervision for projects related to data centers and special- purpose facilities. With around 60 qualified employees, Planen & Bauen generated revenue of approximately €10 million in 2019.

Markus Holzke, Managing Director of SPIE Deutschland & Zentraleuropa stated: "With Planen

• Bauen, we are gaining a strong team with proven planning and appraisal expertise, particularly for special-purpose facilities with high technical and engineering requirements. We are very pleased to combine and further expand our technical expertise with Planen & Bauen. Data centers are a growing and strategically important market for us. We are now available to our customers with expertise across the entire technical value chain of a data center, from climate- efficient planning, to building and operation."

Dieter Blumenschein and Volker Reiling, Managing Directors of Planen & Bauen: "SPIE and Planen & Bauen have enjoyed a trusting partnership for many years. We are very much looking forward to the joint future with SPIE and want to drive the data center business as well as other growth segments together - for example in the areas of healthcare and fire protection in special- purpose facilities. We are convinced that we can make a strong contribution with our expertise in planning and building. We are taking a historic step for our company and are convinced that we are acting in the best interests of our employees. We are a healthy company, are in good financial shape and combine a number of unique selling points. It is a great honor for us and an expression of enormous trust to be part of SPIE."

About SPIE

As the independent European leader in multi-technical services in the areas of energy and communications, SPIE supports its customers to design, build, operate and maintain energy-efficient and environmentally-friendly facilities.

With more than 46,400 employees and a strong local presence, SPIE achieved in 2019 consolidated revenues of €6.9 billion and consolidated EBITA of €416 million.

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