Paris, 6 October 2014
Scotto & Associés has advised the SPIE Group, the leading independent European company providing electrical and mechanical engineering and climate control services as well as communications systems, and its management during its IPO.
With almost 500 locations in 34 countries and 37,000 employees, the SPIE Group reported consolidated production of €5.1 billion in 2013 on a pro-forma basis including acquisitions throughout 2013.
The prospectus received approval from the Autorité des Marchés Financiers (the French Financial Markets Authority) on 26 September 2014 for an offer of a maximum of around €1.2 billion, including a capital increase of €525 million. The SPIE Group will be the largest IPO on Euronext Paris since the start of the year.
The firm's team was formed of:
- Nicolas Menard-Durand for corporate and stock exchange law aspects; and
- our tax team.