Imtech UK & Ireland entered into an agreement to acquire UK business of SPIE SA for £43 million on October 27, 2022. The business generated approximately £200 million revenue in 2021. The transaction is subject to customary regulatory approvals. The deal is expected to close before the end of the year. Thomas Le Vert, Paul-Grégoire Longrois, Alexandre Jaurett, Samir Berlat and Jean Paszkudzki White & Case LLP (Paris) acted as legal advisor to SPIE SA. Matthew Buck, Phillip McCreanor, Teodora Sabeva and Guillaume Suizdak of Lincoln International SAS acted as financial advisor to SPIE SA.

Imtech UK & Ireland completed the acquisition of SPIE UK Limited from SPIE SA (ENXTPA:SPIE) on December 19, 2022.