Latham & Watkins Advises SPIE on Acquisition of SGS Industrial Services

Latham & Watkins LLP has advised SPIE, the independent European leader in multi-technical services in the areas of energy and communications, on the signing of an agreement to acquire SGS Industrial Services Group. SGS is an industrial services provider headquartered in Dorf an der Pram in Upper Austria and mainly operating in Germany, with around 800 employees, and 2025 revenue of approximately €180 million. With the acquisition, SPIE strengthens its service offering in the electrical and mechanical installation of power facilities and industrial plants. Closing of the transaction is expected by the end of June 2026 and is subject to approval by the antitrust authorities.

The Latham team was led by Düsseldorf corporate partners Ingo Strauss and Lucas Schweitzer and counsel Katharina Intfeld, with associates Alexander Belk, Nikolaus Becker, Ludwig Richter, Michelle Kim, Nat Lewis, and Cheril Yviquel. Advice was also provided on infrastructure/corporate matters by Frankfurt associates Johannes Groß, Janina Kirschner, and Sonja Hensch; on regulatory matters by Frankfurt partner Joachim Grittmann and associate Maxim Glusdak; on data privacy matters by Frankfurt counsel Wolf Böhm, with associates Cenk Nickel, Clemens Ganz, and Liz Longster; on employment matters by Munich counsel Florian Dehmel, with associate Julian Traub; on tax matters by Hamburg partner Tobias Klass, with associate Johannes Lieb; on antitrust matters by Düsseldorf partner Tilman Kuhn, with associates Laura Lange and Linus Witzenhausen; on banking and private credit matters by Frankfurt associate Caroline Bugiel; and on real estate matters by Frankfurt counsel Sven Nickel.