Bpifrance : a 4th investment for Lac1 fund

Bpifrance Entreprise

Lac1 fund managed by Bpifrance invested for the fourth time through a 5% stake in SPIE, the independent European leader in multitechnical services in energy and communications. Lac1 is thus pursuing its strategy of long-term investment in listed French multinational companies.

Bpifrance intends to make a long-term commitment to SPIE, convinced by its value creation potential and its role in the environmental transition and digital transformation in Europe. The high quality of SPIE's teams and its unique positioning as an independent leader will enable the Group to carry out the execution of its strategy to the benefit of all its stakeholders

Nicolas Dufourcq, CEO Bpifrance

SPIE is the independent European leader in multi-technical services in energy and communications. The Group supports its customers in the design, installation, management and maintenance of energy-efficient and ecofriendly facilities. SPIE has a proven technical expertise in electrical, HVAC, mechanical and industrial engineering.

The Group employs 48,000 people and is expected to generate a turnover of around €7bn in 2021.

 

Access the press release on Bpifrance website (on a page in French)

Read our article Bpifrance: €4.2bn to support listed French multinational companies and know more about Lac1