# SPIE agrees to acquire SAG Group from EQT

SPIE signed an agreement to acquire SAG Group, a German energy infrastructure services company, from private equity firm EQT, strengthening its position in Germany and Central Europe.

- Type: Acquisition
- Announced: 2016-12-01
- Where: Germany
- Value: $900.0M (850.0M EUR)
- Status: announced
- Products: energy infrastructure services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [EQT](https://endata.com/companies/3219.md) (investor)
- [SPIE](https://endata.com/companies/19842.md) (acquirer)
- [SAG Group](https://endata.com/companies/19843.md) (target)

## Sources

- [spie.de](https://spie.de/presse/2016/12/spie-unterzeichnet-eine-vereinbarung-uber-den-erwerb-der-sag), 2016-12-01: "SPIE, der unabhängige europäische Marktführer für multitechnische Dienstleistungen in den Bereichen Energie und Kommunikation, hat heute eine Vereinbarung zur Übernahme der SAG Group ("SAG") von der Private Equity-Gesellschaft EQT unterzeichnet."
- [clearygottlieb.com](https://www.clearygottlieb.com/news-and-insights/news-listing/spie-acquires-sag-for-850-million), 2017-03-13: "Cleary Gottlieb is representing French engineering group SPIE in the acquisition of the German SAG Group from private equity firm EQT for approximately €850 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.