SPIE Group, a Paris-listed energy and communications company, has acquired a 92% stake in the German fibre portfolio company ICG Group for an undisclosed amount.

This acquisition will enhance SPIE’s position in the fibre network industry, particularly as Germany is still in the early stages of fibre rollout and lags behind other European countries. ICG Group integrates the expertise of leading communication infrastructure service providers: Infratech, comcross, Schwan, TripleA Networks, and DPE.

In 2023, ICG Group generated over €230 million in revenue with margins exceeding 10%. The company employs more than 700 people across 16 locations in Germany, primarily in the Netherlands and Croatia. The current management team of ICG Group will retain an 8% stake. This acquisition enables SPIE to solidify its position as a market leader in the rapidly developing fibre networks and mobile telecommunications infrastructure sectors in Germany.

For more than 20 years Skylane Optics has provided network providers of all sizes around the world with high quality transceivers and cabling solutions. Skylane Optics can support your network needs with the widest range of MSA compliant compatible optical transceivers from 1G to 800G and with a full range such as QSFP28 100G ZR4.

Skylane Optics high-quality products offer more choice; and significant TCO benefits when measured against vendor supplied parts such as Adtran, CISCO, Nokia and Juniper to name just a few.

Source: www.spie.com

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