SPIE takes over NexoTech – 950 employees, EUR 25 million in revenues

On December 14, 2021, SPIE took over NexoTech. NexoTech is a provider of maintenance and installation services for broadband copper and fiber-optic (FttX) networks and construction services in the field of infrastructure necessary for FttX installations in Poland. The company has a strong market position in western and southern Poland, and its headquarters is located in Luboń near Poznań. NexoTech employs approximately 950 highly qualified employees, and in 2020 generated revenues of EUR 25 million.

Markus Holzke, Managing Director of SPIE Deutschland & Zentraleuropa, said: “With NexoTech we are gaining a strong team with great expertise in broadband development. We are very pleased with the further expansion in the rapidly growing FttX technology market with the support of the existing management and 950 employees of the company – this is a significant step towards strengthening our position as a strong partner in the field of multitechnical services in Poland. We are convinced that the new, expanded range of services will benefit our customers ”.

Filip Reichelt, president of NexoTech, added: “Excellent competences allowed NexoTech to achieve a leading position on the Polish market. Now we are looking forward to building a common future with SPIE and opportunities for further development in Poland. We are convinced that our company will make a great contribution to this process ”.

The transaction is to be finalized by the end of January 2022, after prior approval by the Office of Competition and Consumer Protection.

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