Spie Batignolles

Spie Batignolles
private company
Industry Engineering / Construction
Founded 1968
Headquarters Neuilly-sur-Seine, Île-de-France
Key people
François-Xavier Clédat (Président-Directeur général)
Revenue 2,270 million (2011)
Number of employees
circa 8,300 (2011)
Website www.spiebatignolles.fr

Spie Batignolles is a French construction company based in Neuilly-sur-Seine. The company provides building and infrastructure construction in France, Germany, the United Kingdom, Spain, Portugal and Switzerland.

Company history

Ernest Goüin founded Ernest Goüin & Cie in 1846.[1] It later became Société de Construction des Batignolles (SCB).[1] Meanwhile, the Société Parisienne pour l’Industrie des Chemins de Fer et des Tramways Electriques was founded and became, in 1900 under the directorship of baron Édouard Empain, Société Parisienne pour l’Industrie Electrique (SPIE).[1]

As early as 1954, SPIE acquired part of SCB's capital and in 1968 the two companies merged to form Spie Batignolles.[1]

During the 1970s and 1980s, Spie Batignolles acquired several other companies: Compagnie Industrielle de Travaux (CITRA) in 1972,[1] Canalisations Pétrolifères, Aquifères et Gazières (CAPAG) in 1977,[1] and Travaux Industriels pour l’Electricité (TRINDEL) in 1982.[1] In 1989 the rail construction company Drouard was acquired, forming the foundation of the group's rail construction engineering company Spie Rail.[2]

The 1990s brought several waves of restructuring. In 1990, Spie Batignolles created Spie Construction, the building and civil engineering branch of the company.[1] In 1992, Spie Construction merged with CITRA to become SPIE CITRA.[1]

In 1997 the company was bought from the Schneider group with the help of a management buyout supported by AMEC.[1][3] A year later, Spie Batignolles changed its name to SPIE with its three daughter companies becoming Spie Trindel, Spie Enertrans, and Spie Batignolles;[1] operating the energy, transportation and construction fields respectively.[2]

On 1 July 2003, Spie as a whole was purchased by AMEC;[1][4] the acquired company was split in three: the engineering branch of Spie in Europe was renamed AMEC SPIE,[5] a rail construction business AMEC Spie Rail was created, and the remaining construction business was grouped under the name Spie Batignolles.[2] AMEC announced that it would seek to sell the construction arm of the business 'Spie Batignolles', and entered negotiations to secure a management buyout of that division;[2][6] the management buyout of the construction division by 78 senior managers was completed in September 2003 with the aid of Barclays Private Equity Finance.[1] In 2004, Financière Spie Batignolles purchased the remaining Spie Batignolles shares owned by Amec Spie.[1]

The two other former divisions became separate companies: in 2005 AMEC announced it was to sell its Spie acquisition of 2003.[7][8] the engineering company AMEC SPIE was sold to PAI Partners for €1040 million in 2006,[9][10][11] The European rail business joint venture Amec Spie Rail systems was sold for an estimated £200million in 2007, to Colas Group.[12][13][14]

The metal construction company CM paimbeuf (acquired 1995) was bought by Fayat in 2008.[15][16]

Constituents of the Spie Batignolles Group

Major projects

Key management

References

  1. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 "Spie Batignolles: History". www.spiebatignolles.fr (in French). Archived from the original on 22 February 2009.
  2. 1 2 3 4 Jay P. Pederson, ed. (2004), "International Directory of Company Histories", www.fundinguniverse.com, St. James Press, 57, pp. 28–31 |chapter= ignored (help)
  3. Michael Harrison (21 December 1996), "Amec firmly in Europe with pounds 40m Spie buy", www.independent.co.uk, The Independent
  4. "Exercise Of Option To Acquire Outstanding Shares In Spie And Trading Update", www.amec.com, AMEC, 5 December 2002
  5. "AMEC SPIE Brand Launched Across Continental Europe", www.amec.com, AMEC, 1 July 2003
  6. "Amec in talks over Spie Batignolles sale", business.scotsman.com, The Scotsman, 20 May 2003
  7. Caroline Muspratt (24 November 2005), "Amec sells off Spie and considers splitting remaining group", www.telegraph.co.uk, The Telegraph
  8. "AGM TRADING STATEMENT Proposed sale of AMEC SPIE and overall trading on track", www.amec.com, AMEC, 17 May 2006
  9. "Formation of the Group - History - Spie", www.spie.com, SPIE, retrieved 14 July 2011, 2006 : On 22 May, AMEC and PAI Partners announce that they have agreed terms for the sale of AMEC SPIE to PAI. After approval from Brussels, the takeover of SPIE by PAI is finalised on 27 July, with the Group regaining its traditional name of SPIE and unveiling its new visual identity on 14 September.
  10. "Disposal of AMEC SPIE", www.amec.com, AMEC, 27 July 2006
  11. "AMEC plc ("AMEC") Sale of AMEC SPIE", www.amec.com, AMEC, 22 May 2006
  12. Ian Fraser (25 February 2007), "Amec sells half of specialist rail arm to French company", www.ianfraser.org, Sunday Herald
  13. Steve Hawkes (19 February 2007), "Amec sells out of rail business", business.timesonline.co.uk, The Times
  14. "AMEC to sell stake in rail firm", uk.reuters.com, Reuters, 19 February 2007
  15. "Fayat acquiert le normand CM Paimboeuf", actus.calvados-strategie.com (in French), Conseil Général du Calvados, 20 October 2010
  16. Cloâtre Elodie (10 October 2008). "Fayat rachète la société CM Paimboeuf". www.lemoniteur.fr (in French).
  17. Pegasus Bridge on Structurae database
  18. Channel Tunnel on Structurae database
  19. Pont de Normandie on Structurae database
  20. Météor on Structurae database
  21. Charles de Gaulle International Airport Terminal 2F on Structurae database
  22. Corner House
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