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SPIE acquires Voets & Donkers in the Netherlands, strengthening its position in industrial refrigeration technology and air handling systems
Globenewswire· 2025-08-25 15:45
Company Overview - SPIE has acquired Voets & Donkers Koeltechniek B.V. and VND Technical Services B.V., enhancing its expertise in industrial cooling installations and related services [1][4] - Voets & Donkers, founded in 1963, generated a turnover of €30 million in 2024 and employs 69 permanent staff [2] Strategic Growth - The acquisition aligns with SPIE's strategic growth ambitions, particularly in the food and pharmaceutical sectors, which are identified as key growth markets [3] - SPIE aims to increase its visibility and capacity in refrigeration, freezing technology, industrial heat pumps, and HVAC through this acquisition [3] Future Collaboration - The owners of Voets & Donkers express optimism about the acquisition, highlighting the benefits of SPIE's scale and expertise in enhancing their service offerings [4] - The collaboration is expected to focus on innovation and sustainable technology, further strengthening SPIE's specialized industrial services [4] Financial Performance - SPIE reported consolidated revenues of €9.9 billion and EBITA of €712 million in 2024, indicating a strong financial position to support growth initiatives [5]