SPIE, a leading European multi-technical services provider, has signed an agreement to acquire a 76% stake in SAR ANLAGENBAU GmbH, a major electrical engineering and automation firm based in Austria and Germany. This acquisition will enhance SPIE's portfolio in industrial infrastructure and automation, supporting complex projects with integrated solutions. SAR's management will remain in place, and the deal is expected to close in early 2027, strengthening SPIE's market presence and service capabilities in these regions.
SPIE's acquisition deal news comes with a snapshot of the Industrials sector on Pluang as of Oct 29, 2026 01:21 WIB: out of 135 priced US Industrials stocks, 57 rose and 77 fell today. Notable movers include Old Dominion Freight Line Inc (ODFL) at USD 173.50 with a 1-day change of -7.37% and 100% buy order activity, Eos Energy Enterprises Inc (EOSE) at USD 1.93 up 6.04%, and Forgent Power Solutions Inc. (FPS) at USD 28.49 up 5.56%.
SPIE, a European leader in energy and communication services, has agreed to acquire a 76% stake in SAR ANLAGENBAU GmbH, a key electrical engineering and automation firm in Austria and Germany. This acquisition will broaden SPIE's service portfolio in...
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