Spie to Acquire Germany's Rofa Industrial Automation

12:03 AM EST, 03/03/2026 (MT Newswires) -- Spie (SPIE.PA) agreed to buy German industrial services company Rofa Industrial Automation, according to a Monday release. Under the agreement, the multi-technical services company will acquire 99% of Rofa's share capital at closing, with the remaining 1% to be retained by the current management team. The deal is slated to close in the second quarter of 2026, subject to antitrust approval. Spie said the acquisition will strengthen its position in the German industrial services market, while expanding its capabilities in industrial automation and intralogistics technologies. The transaction is also expected to result in a mid-single-digit adjusted EPS accretion for the group from the first year of consolidation.