10 November 2021
Strukton Groep NV and SPIE have entered into exclusive negotiations for the acquisition of Worksphere. This is a logical step in the more focused strategy that Strukton announced earlier this year. Subject to the consultation of employee representation bodies and to approval of EU antitrust authorities, we expect to complete the transaction in Q1 2022.
The sharpened focus enables Strukton to further strengthen its position in Europe as the top service provider of sustainability infrastructure. Strukton focuses on green transportation and electrification, characterised by a growing demand, now and in the decades to come. Strukton’s renewed strategy marks a return to Strukton’s rich history, building on a century of expertise.
Worksphere is a specialist in technical facility management and building services, that uses data-driven methods and expertise to make buildings smarter and more sustainable. At the convergence of the digital transformation and the energy transition, Worksphere operates an integrated Design, Install, Maintain and Operate model, and provides services to a high-quality and diversified customer base in the commercial, healthcare, mobility and education sectors. With 1,900 experienced employees and 2020 revenue of EUR 434 million, Worksphere boasts a top 5 position in the Dutch multi-technical services market, as well as a very dynamic growth.
Given the renewed strategy of Strukton and the market potential and ambitions of Worksphere, the timing is perfect to enter into exclusive negotiations with SPIE for the acquisition of Worksphere.
Gerard Sanderink, CEO of Strukton: ‘The sale offers opportunities for both Strukton and Worksphere to grow. Where Strukton is going to specialise more in the fields of sustainable infrastructure, Worksphere will be able to focus on the built environment, together with SPIE. I am proud to have found a highly suitable and ambitious new owner for Worksphere.’
Gauthier Louette, Chairman and CEO of SPIE, declared: ‘The acquisition of Worksphere will be a major leap forward for SPIE, setting new standards on the Dutch market. We will become the number one multi-technical services provider in the Netherlands, a country where the Group’s performance has historically been very satisfying. It fits perfectly with our ambition, which is to build a pure player champion in multi-technical services in Europe.’
Lieve Declercq, CEO of SPIE Nederland, declared: ‘I am delighted at the prospect of joining forces with Worksphere to create the undisputed leader in multi-technical services in the Netherlands. Worksphere’s leading expertise in buildings sustainability will be an outstanding addition to our offering and, together, we will be in the best position to accelerate the energy transition and the digital transformation for our clients. I also believe we will be able to position ourselves as the employer of choice with great career and development opportunities for technical talents.’
Evert Lemmen, CEO of Worksphere, added: ‘This co-operation is a unique step to realise our common ambitions, strengthened by an increased scale and international cooperation. The synergy between SPIE and Worksphere is immense, both as to markets and customers, and when it comes to specialist knowledge, digitisation and technology to create healthy, energy-neutral and circular buildings. This will create great opportunities for our joint customers, employees and other stakeholders. It is with great trust and enthusiasm that I look forward to our future.’
Subject to the consultation of employee representation bodies and to approval of EU antitrust authorities, we expect to complete the transaction in Q1 2022. During the process, we will continue to contribute to the safety, quality and sustainability of our customers’ systems.