According to the press release, SPIE, the European leader in multi-technical services, has acquired Cyqueo, a Munich-based company specializing in cybersecurity. Cyqueo is known for its solutions in Zero Trust, cloud security, endpoint protection, and managed security services. The company protects approximately 1.6 million users and boasts significant expertise, with an average of 16 certifications per employee. It is also one of the main partners of Zscaler and Proofpoint in Germany.
Strategic Expansion
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SPIE states that this acquisition expands its cybersecurity service portfolio and enhances its consulting and integration capabilities for complex IT infrastructures. Founded in 2003 by Philipp and Patric Liebold, Cyqueo complements and enriches SPIE's offerings with its expertise in cloud-native solutions. Cyqueo currently employs 28 people and reported a revenue of approximately 20 million euros in 2024.
Corporate Strategy
SPIE emphasizes that the acquisition of Cyqueo, a well-established player in the German market, aligns with its development strategy. The company employs about 55,000 people and is committed to the decarbonization of the economy and digital transformation. For the year 2024, SPIE reported a consolidated revenue of 9.9 billion euros and an EBITA of 712 million euros, according to the group.
SectorServices aux entreprises · Ingénierie / Conseil · Services aux collectivités · Construction›Services d'ingénierie et de sous-traitance
Context
Period
Period: 2025
Key reported figures
Revenue: 10379,9M€d’euros
Revenue growth: 4,8%
Net income: 176,4M€d’euros
Free cash flow: 523,7M€d’euros
Net debt: 1145,3M€d’euros
Dividend per share: 1.08€
Payout ratio: 40,0%
Guidance from the release
SPIE a enregistré une performance de grande qualité en 2025, alliant rentabilité record et croissance soutenue par l’Allemagne et North-Western Europe; forte génération de trésorerie.
La plateforme bénéficie d’un pipeline d'acquisitions et d’un fort potentiel de croissance organique en Europe, soutenue par la transition énergétique.
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