SPIE has signed an agreement to acquire 76% of SAR ANLAGENBAU, an Austrian provider of electrical engineering and automation solutions, the French group said on 28 October 2026. Terms were not disclosed.
Why SPIE SA is buying SAR ANLAGENBAU GmbH (76%)
SPIE said the acquisition broadens its electrical engineering offering for infrastructure and industrial automation in Austria and Germany. SAR serves mission-critical industrial and infrastructure projects from planning and installation to maintenance.
Deal terms and financing
SPIE will hold 76%, and managing director and shareholder Arno Reisinger will co-invest for up to 24%. The existing management team will continue to run the business.
Regulatory approvals and timing
Closing is expected at the beginning of 2027, subject to customary closing conditions.
Market context
SAR, headquartered in Hausmening, Lower Austria, generated about €100m of revenue in its 2025/26 financial year and has about 230 employees. SPIE has made a series of bolt-on acquisitions in the German-speaking region.
