SPIE to Acquire ROFA Industrial Automation AG to Enhance Industrial Services in Germany
SPIE has signed an agreement to acquire ROFA Industrial Automation AG, expanding its portfolio in industrial automation and intralogistics in Germany. The transaction, expected to close in Q2 2026 pending antitrust approval, will enhance SPIE's market position, leveraging synergies across a diversified client base. The acquisition is projected to provide mid-single digit adjusted EPS accretion from the first year and will be self-financed, acquiring approximately 99% of ROFA's share capital.
Theia Market Signal Identification - AI Assisted
SPIE has signed an agreement to acquire ROFA Industrial Automation AG, enhancing its services in industrial automation and intralogistics in Germany. This acquisition is part of SPIE's strategy to strengthen its position in the German industrial services market.
The deal is expected to close in Q2 2026, subject to antitrust approval. SPIE will acquire around 99% of ROFA's shares, with the remaining 1% retained by current management. The transaction is expected to result in mid-single digit adjusted EPS accretion in the first year, with a high single-digit EBITA multiple. SPIE reported revenues of €9.9 billion and EBITA of €712 million in 2024.
Comments