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SPIE Acquires Manchester-Based Alard, a Leading Electrical Engineering Contractor

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Acquisition expands SPIE growth in UK and Northern England

London, 2nd May 2013 - SPIE, the independent European leader in electrical and mechanical engineering and HVAC services, energy and communication systems, has today announced the acquisition of Alard to further grow its UK business SPIE UK, develop its UK experience in electrical engineering and expand its presence in the North of England.

Headquartered in Stockport, Manchester and established in 1984, Alard is a fully accredited Electrical Engineering Contractor operating in key industrial, commercial, educational and retail sectors for Blue Chip companies. With over 26 years’ experience Alard has enjoyed continuous growth through delivering high quality work, safely and competitively. With prestigious clients including the Manchester United Football Club, ALDI Stores, United Biscuits and Mersey Docks, Alard specialises in TEGG testing, which allows the company to test live equipment using harmonics, sound and thermal imaging.

This acquisition will enable SPIE to balance its portfolio of clients, whilst building up its regional operations base in the North. Founder and Managing Director of Alard, Graham Cooper is retiring from the company and following the acquisition, Alard will become part of the SPIE UK building services business. David Shiel, Operations Manager at SPIE, will head up the business.

James Thoden van Velzen, CEO of SPIE UK, explains: "The acquisition of Alard fits perfectly into our strategic plan to expand our regional coverage and acquire specialist technologies and services. As a successful electrical services provider, Alard shares our pursuit of exemplary performance, local presence and sustainability. We are excited about the future of SPIE UK following the acquisition and believe it will be a very valuable addition for SPIE’s customers. Graham has been instrumental in building up his business over 26 years and we wish him all the very best in his retirement.”

SPIE advisors
Legal: Walker Morris LLP - John Hamer, Rebecca Whitehouse
Finance: Gerald Edelman - Sadikally Premji, Hemen Doshi, Viral Haria                                                          

Alard advisors
Legal: Davis Blank Furniss - Andy McNish
Finance: Murrey Smith – Mike Jones
Agent: The Business Partnership - Paul Dodgshon

About SPIE UK
SPIE UK provide energy focused, safety and environmentally focused solutions through multi-technical and support services from initial design, through installation, testing, commissioning to long term maintenance and facilities management. SPIE Matthew Hall, SPIE WHS, Garside & Laycock and SPIE Power & Nuclear UK represent the operations of SPIE within the UK. Together, they employ over 2,000 employees from 22 regional offices throughout the UK.

About SPIE
As the independent European leader in electrical and mechanical engineering and HVAC services, energy and communication systems, SPIE enhances the quality of life by helping local and regional authorities and companies design, build, operate and maintain facilities that are more energy-efficient and environmentally friendly.

SPIE's 30,200 employees work from more than 400 locations in 31 countries and in 2012 SPIE posted pro-forma sales of €4.217 billion and pro-forma EBIT of €242.9 million.
www.spie.com

Press contacts
SPIE UK
Renaud Digoin Danzin
Strategy & Development  Director
Tel. + 44 20 7105 2416 (DDI)
r.digoin@spie.com
www.spieuk.com

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Sue Grant and Claudia Fellerman
Tel. +44 (0)20 7437 0227

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