SPIE

What SPIE does

SPIE SA is a publicly traded European multi-technical services provider headquartered in Paris, France, and listed on Euronext Paris under the ticker SPIE. The company delivers integrated technical services across energy, communications, and infrastructure, with named capabilities spanning cybersecurity consulting and integration, audiovisual systems, tunnel and traffic management systems, battery energy storage systems (BESS) deployment, and IT infrastructure and data protection. Its offerings are delivered primarily as project-based professional services and managed services to enterprise and public-sector clients, with a recurring element from maintenance and operations contracts. The company uses a horizontal segmentation approach, serving energy and utilities, enterprise cybersecurity, education, audiovisual, and infrastructure & transport customers.

SPIE's geographic footprint spans at least 17 countries with nearly 25,000 employees, and the company reported H1 2025 revenue of €4,979 million (up 5.8% year-over-year) with FY2025 guidance for revenue exceeding €10 billion and an EBITA margin of at least 7.6%. The go-to-market is enterprise field sales, anchored by large framework agreements (e.g., a renewable three-year European BESS framework agreement with Tesla covering Poland, Germany, and additional markets) and project-based delivery through technology partners such as Commvault (e.g., MBO Amersfoort in the Netherlands).

Growth is driven by a programmatic, repeatable bolt-on M&A strategy: in 2025 SPIE acquired or agreed to acquire Cyqueo (German cybersecurity, closed December 2025), 89% of PIK AG (German audiovisual, announced November 2025), ECOexperts Automation (Austrian tunnel and traffic management, announced October 2025), and Rovitech Projects (announced June 2025). The company also operates the SHARE FOR YOU employee shareholding program, which in 2025 engaged nearly 25,000 employees across 17 countries, with €62 million in contributions and over 2.1 million new shares issued at a 20% employee discount. Leadership includes CEO Robert Goodhew, Group CFO Jérôme Vanhove, and Investor Relations Director Alexandra Bournazel.

Name

SPIE

Legal name

SPIE SA

Website

https://spie-nl.com

Company type

Public

Founded year

1900

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

SPIE SA is a publicly traded European multi-technical services provider delivering cybersecurity, audiovisual, tunnel/traffic management, and BESS energy solutions to enterprise and public-sector clients across 17 countries, with FY2025 revenue projected to exceed €10 billion.

Ownership category

akta.pro rank

Product category

Multi-Technical Engineering Services

NAICS

Computer Systems Design and Related Services (54151), Security Systems Services (except Locksmiths) (561621), Security Systems Services (56162)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Communications Services, Nec (4899), Electric, Gas & Sanitary Services (4900)

akta.pro primary industry

SCADA, Controls & Communications Integration (RTU, Fiber, Networking) (EUAEADAD)

akta.pro secondary industries

Auxiliary Systems EPC (Station Service, HVAC, Fire Protection, Security) (EUAEADAK), Governance, Risk & Compliance (GRC) Managed Services (BPAEADAJ), Enterprise Application Security, GRC & Compliance Services (BPAEAGAL)

Keywords

• Multi-technical services
• Energy infrastructure services
• Cybersecurity consulting
• Audiovisual systems integration
• Tunnel traffic management

Headquarters

HQ city

Breda

HQ country

Netherlands

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Technical services contracts: SPIE generates revenue through project-based technical services contracts across energy, communications, and building infrastructure. The company reported revenue exceeding €10 billion in 2025, driven by developments in Germany, North-Western Europe, and strategic acquisitions. Revenue is project-based and recurring through maintenance and operations contracts.
2. Bolt-on acquisitions: SPIE pursues an active bolt-on M&A strategy to expand its service portfolio and geographic footprint. The company acquires specialized firms in cybersecurity (Cyqueo), audiovisual systems (PIK AG), and tunnel/traffic management (ECOexperts Automation) to broaden its technical capabilities and revenue base.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels3 records

Core offering

SPIE is a European multi-technical services provider that designs, installs, and maintains integrated technical solutions for energy, communications, IT infrastructure, cybersecurity, audiovisual systems, and traffic management. The group serves enterprise and public-sector clients across Europe through four operating divisions covering technical facility management, transmission & distribution of energy, information & communications technology, and mechanical & electrical contracting services.

Product overview

SPIE is a European multi-technical services provider offering comprehensive technical services across multiple domains including data protection, cybersecurity, audiovisual systems, tunnel and traffic management, and battery energy storage systems (BESS). The company operates through a combination of organic service delivery and bolt-on acquisitions to expand its service portfolio. Specific named product modules or software offerings are not enumerated in the available source materials; SPIE's offerings are characterized as service-based rather than discrete product-based.

Differentiator

Problem solved

Functional benefit

Products and services

• Battery Energy Storage System (BESS) Deployment Services

Quantifiable outcome

• Reduced data recovery times from days to minutes for MBO Amersfoort
• +2 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• TeslacoreStrategic or Co-development Partner · 15 December 2025SPIE signed a European framework agreement with Tesla to implement battery energy storage systems (BESS) projects across Europe, with a renewable three-year term. The agreement standardizes conditions for Tesla Megapack projects and expands deployment into countries like Poland and Germany, supporting Europe's energy transition.
• CyqueocoreStrategic or Co-development Partner · 8 December 2025SPIE acquired Cyqueo, a German cybersecurity firm, on December 8th, 2025. The acquisition aims to expand SPIE's cybersecurity portfolio and enhance its consulting and integration capabilities in security solutions, strengthening SPIE's presence in the German cybersecurity market.
• PIK AGcoreStrategic or Co-development Partner · 12 November 2025SPIE signed an agreement to acquire 89% of PIK AG, a German company specializing in audiovisual systems. The acquisition aims to strengthen SPIE's position in audiovisual systems and related services in Germany, expanding its technical service portfolio through a strategic acquisition.
• ECOexperts AutomationcoreStrategic or Co-development Partner · 7 October 2025SPIE agreed to acquire ECOexperts Automation GmbH, an Austrian systems integrator specializing in tunnel and traffic management. The deal, expected to close by the end of 2025, will strengthen SPIE's capabilities in tunnel and traffic engineering, expanding its infrastructure service offerings.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Vinci Energies: Vinci Energies is a European multi-technical services provider within the Vinci Group, offering energy, communications, and infrastructure solutions across similar geographies and customer segments. Directly comparable to SPIE's integrated technical services across energy, IT, and building systems.
• Eiffage Énergie Systèmes: French-headquartered multi-technical services business delivering electrical, energy, telecommunications, and HVAC infrastructure to enterprise and public-sector clients across Europe, with a project-based delivery model directly comparable to SPIE.
• Bilfinger: German-based industrial services provider offering engineering, consulting, and maintenance across process industries and energy infrastructure. Comparable service breadth and European footprint to SPIE, particularly in energy and industrial clients.
• Bouygues Energies & Services: Subsidiary of Bouygues Construction providing multi-technical services in energy, IT, and security across Europe with similar project-based delivery and customer base to SPIE's infrastructure and energy segments.
• Alten: European engineering and technology consulting firm providing multi-sector technical services across energy, industrial, and infrastructure clients. Comparable to SPIE in cross-sector technical delivery and project-based services model.

Broad incumbents

• Engie Solutions: Engie's B2B services arm delivers multi-technical and energy services across Europe, including energy infrastructure and facility management. Larger incumbent with overlapping capabilities and broader portfolio, competing in similar enterprise and public-sector bids.
• Schneider Electric: Global specialist in energy management and automation with significant European services operations, comparable to SPIE's energy infrastructure and building systems business, particularly around grid and industrial automation.
• Thales: European leader in cybersecurity, digital identity, and critical systems with services for enterprise and government clients. Comparable to SPIE's cybersecurity business built around the recently acquired Cyqueo subsidiary.
• Capgemini Engineering: Global IT services and engineering firm with significant European operations offering systems integration and digital transformation services. Comparable to SPIE's IT infrastructure, data protection, and systems integration work.
• Atos: European-headquartered IT services company offering cybersecurity, managed services, and digital transformation. Comparable to SPIE's IT services and Cyqueo cybersecurity portfolio, particularly for European enterprise and public-sector clients.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/SPIENederland

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SPIE