SPIE Acquires Majority of Réseaux Environnement

French digital services company SPIE has acquired 85% of Réseaux Environnement, bolstering its presence in electrical distribution networks and public lighting in France, specifically in energy networks, heating networks, and Smart City domains in Normandy. Réseaux Environnement, generating around €38 million in 2022, specializes in installing and maintaining various networks including electrical and telecommunication networks. This acquisition enables SPIE to enhance its positioning in the energy transition market in France and expand its local footprint.