Cologne (Germany), 3 November 2026 - International legal practice Osborne Clarke has provided comprehensive legal advice to multi-technical services provider SPIE on its acquisition of SAR ANLAGENBAU GmbH in Germany and Austria. As part of the transaction, SPIE will acquire 76 per cent of the shares in SAR ANLAGENBAU. Arno Reisinger, SAR's managing director and shareholder, will participate as a co-investor, acquiring up to 24 per cent.

As a leading multi-technical services provider across Europe, SPIE supports its customers in the energy, digital and industrial transitions. The acquisition will expand SPIE's range of services in electrical engineering for infrastructure and industrial automation systems in Germany and Austria.

The acquiring entity, SPIE Germany Switzerland Austria, has more than 20,000 employees across 750 locations in Germany, Switzerland and Austria and is a business unit of the SPIE Group. The SPIE Group provides multi-technical services for buildings, facilities and infrastructure. It employs a total of 55,000 people and recorded consolidated revenue of €10.4 billion and consolidated EBITA of €793 million in 2025.

Based in Hausmening, Austria, SAR provides comprehensive electrical engineering and automation solutions for industrial and infrastructure projects. With around 230 employees, SAR generated revenue of around €100 million in the 2025/26 financial year.

Dr Björn Hürten, Co-Head of Corporate/M&A Germany and Global Co-Chair of the International Transactions Group at Osborne Clarke, said: "We are delighted to have supported our long-standing client SPIE on this legally challenging deal, and to have been able to contribute our deep experience in complex cross-border transactions and our strong industry expertise."

The transaction is subject to customary closing conditions and is expected to be completed in early 2027.

Legal advice on the transaction

Stefan Winkler, Lennart Götz and Pascal Trilling supported the transaction in-house at SPIE.

Osborne Clarke acted as lead counsel to SPIE and provided comprehensive legal advice on the transaction. The team, led by Dr Björn Hürten (Corporate/M&A), comprised Dr Björn Hürten, Johannes Goossens, Efthimios Detsikas, Julian Baldus, Dr Patrick Stadtbäumer and Lisa Gerards (all Corporate); Carsten Dau and Dr Philipp Stein (both Commercial); Annabel Lehnen, Nils-Frederik Wiehmann and Karin Blum (all Employment); Dr Florian Reiling, Dr Jonas Völkel and Luisa Jakobs (all IP); Konstantin Ewald and Jonathan Platz (both IT); Dr Marc Störing, Neil Simon-Weaver and Aras Katiran (all Data Protection); Dr Sebastian Hack, Marco Aatz, Lea Hauser and Dr Dominika Ropertz (all Competition); Conrad Wandt (Disputes & Risk); Moritz Windheuser (Real Estate); Florian Merkle and Patrick Seiler (both Tax); and Reinhard Bunjes (Banking & Capital Markets).

E+H advised SPIE on Austrian law, with Mag. Dr Clemens Lanschützer, LL.M., Mag. Hannah Kercz, Karin Köller, LL.M., Mag. Alexander Moser, Fabian Holzinger, LL.M., Mag. Vessela Anastassova, Lea Anna Ranftl, LL.M. and Valentin Magometschnigg.