NuGen Properties

 Imtech completes Spie UK acquisition


Imtech, jointly owned by Dalkia and EDF, agreed a deal with Spie SA in October to acquire its British subsidiary for €50m (£43m).

Dalkia, EDF and Spie SA are all French companies.

Spie SA put its UK operations under strategic review in April this year.

Following fulfilment of customary conditions and regulatory approvals the transaction has now completed and Spie UK is now wholly owned by Imtech.

Gautier Jacob, chief executive of Imtech Group, said: “I am pleased this strategic acquisition has now completed and the reaction from the marketplace, as well as Imtech and Spie UK employees, has been positive. This very much strengthens and accelerates our capabilities to deliver decarbonisation solutions for our clients and we look forward to further developing our business together in the future.”

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Dan Morten 18/01/22

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Easy to work with, Jordan and the team were professional and were easy to communicate with.
Would highly recommend.

Di Hayes 20/08/22

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NuGen Properties built an extension to the rear of my property, replacing the old conservatory. I am so pleased I chose this company. From the initial quotation, through the build and after they were professional, polite & well mannered. They kept the site tidy throughout the build and kept me informed of each stage as it happened. The work was finished to a good standard and I have had nothing but compliments on their work. I am already planning for them to come back and do some more work for me in a few months. I would 100% recommend them.

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Great firm to communicate with fast and good quality work.