(AOF) – Spie, an independent multi-technical services company in the fields of energy and communications, announces the finalization of the acquisition of 92% of ICG Group in Germany. With this acquisition, Spie will be able to enter the 5G mobile telecommunications infrastructure market and strengthen its positioning in the fiber market. This is a strategic choice since Germany is just beginning the deployment of fiber across the country and is one of the European countries furthest behind in this area. ICG Group generated a turnover of approximately 230 million euros
ICG Group generated a turnover of around 230 million euros in 2023 with margin levels above 10%, in line with the margins observed in the sector. The company employs approximately 720 highly qualified employees.
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Rail investment plan
The French railway industry is in second place in Europe and third place worldwide. This industry displays a trade surplus, which generates more than 100,000 jobs in France. The announcement of the future plan for French rail transport provides in particular for the regeneration and modernization of the network, the average age of which is 30 years in our territory. This age is much higher than that of countries like Germany (17 years) and Switzerland (15 years). An annual investment increasing from 2.8 billion euros to nearly 4 billion euros should make it possible to maintain the entire network in good condition.