Clayton Dubilier & Rice/Ardian/Caisse de dépôt et placement du Québec €380 million sale of 15.5 million shares in SPIE

25/5/2017
Divestment

€ 380 million

$ 425 million

Announced

25/5/2017


Overview:

  • Clayton Dubilier & Rice, Ardian and Caisse de dépôt et placement du Québec have sold 15.5 million shares in SPIE for €380 million.
  • The shares are priced at €24.50 per share.
  • After the transaction the fund managers and their affiliates will own 8% of the company, which equals to 12.4 million shares.
  • SPIE is a multi-technical services leader in Europe and has nearly 500 locations in 31 countries.
  • The deal follows SPIE's IPO - SPIE Euronext Paris IPO.

Katrin Kostadinova - Data analyst

Jurisdiction:

France

Deal type:

Divestment

Practice area:

M&A

Governing law:

France

Industry sectors:

Energy
Construction and materials
Oil and gas


Firm:

Party: Clayton Dubilier & Rice (Seller)

Party: Ardian (Seller)