SPIE acquires SGS Industrial Services to expand global technical operations
SGS Industrial Services GmbH is preparing to become part of SPIE, a leading multinational technical services provider. The deal, set to finalise in June, will expand SPIE's global reach while keeping SGS as an independent entity within its operations. SGS, founded and owned by Werner Griessmaier, currently operates across 16 locations on three continents. The company employs 800 people and generated âŹ180 million in revenue in 2025. Griessmaier noted that SPIE aligns with SGS's values and will support its future growth.
SPIE, which employs over 55,000 people worldwide, reported a consolidated EBITA of âŹ793 million in 2025. The group operates at more than 750 locations, primarily in Europe, including 750 sites in Germany, Switzerland, and Austria under its regional branch. The acquisition will strengthen SPIE's presence outside Europe and North America, where SGS already has an established footprint.
The existing SGS leadershipâChristian Gittmaier, Andreas Hofinger, and Sandra Ponsoldâwill stay in their roles. The purchase price remains undisclosed, and the deal still requires antitrust approval before completion in June. Once approved, the acquisition will integrate SGS into SPIE's operations while maintaining its independence. The move will broaden SPIE's service network and reinforce its position in key international markets.