Press release - SPIE acquires Rovitech in the Netherlands
Cergy, June 2nd 2025 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the acquisition of Rovitech, a Dutch technical services provider specialising in ICT, telecom and electrical installations. This acquisition will strengthen SPIE's expertise in data centres and support the expansion of its nationwide footprint in the Netherlands.
Founded in 2005 and located in Houten, Rovitech specialises technical services for data centres and network infrastructure. The company is active in the design, installation, as well as 24/7 management and maintenance of data centres and server rooms, for which it also installs cooling systems, fire and intrusion protection, battery energy storage systems (BESS) and emergency power supplies. Moreover, it is expert in the installation, management and maintenance of network and transmitter infrastructure. Lastly, the company has solid expertise in electrical installations and Distributed Antennas systems (DAS).
With this large array of expertise, Rovitech provides reliable and innovative end-to-end solutions for business-critical environments. With 25 employees, Rovitech generated revenue of 7 million in 2024.
This acquisition is fully aligned with SPIE's growth strategy and its ambitions to further strengthen its presence in the Netherlands, particularly as a data centre specialist. Rovitech's expertise in 24/7 data center support is highly complementary to SPIE Nederland's existing Data Centres business unit. Both will combine their expertise in energy-efficient IT to support the development of more sustainable data centre solutions. This acquisition will also allow SPIE to broaden its service offering in the central and eastern regions of the Netherlands, further enhancing its local presence. Raymond Jacobs, director of SPIE's ICT Services & Specials division, commented: "We are very pleased to welcome Rovitech's experts to our existing Data Centres business unit. By combining our strengths, we will enhance both the scope and responsiveness of our services. Sustainability and innovation are key priorities in today's data centre market, and we will pool our expertise and accelerate progress in these areas for the benefit of our clients."
Rob Nagtegaal, current co-owner of Rovitech, added: "For us, this is a step forward. By combining our knowledge and experience with SPIE's strength and expertise, we can do more for our clients and colleagues. We continue to do what we do best, but with new opportunities to grow, innovate and build the digital future together."
About SPIE
SPIE is an independent European leader in multi-technical services in the field of energy and data transmission. Our 55,000 employees are committed to achieving the energy transition and responsible digital transformation together with our customers.
The SPIE Group achieved consolidated revenues of €9.9 billion and consolidated EBITA of €712 million in 2024.
Attachment
Press release - SPIE acquires Rovitech in the Netherlands
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
22 minutes ago
- Yahoo
BYD Introduces Most Affordable EV Model in the United Kingdom
BYD Company Limited BYDDY, an EV manufacturer in China, has introduced its most affordable model in the United Kingdom as part of its broader strategy to surpass Tesla as the world's leading electric vehicle manufacturer. The newly launched Dolphin Surf is the European version of BYD's top-selling Chinese model, the Seagull, which recently saw its price drop to just $7,800 in China following further the China Automobile Manufacturers Association didn't name BYD directly, it recently cautioned that ongoing price reductions are fueling fears of a renewed price war in the Chinese EV market. BYD's Dolphin Surf, priced from around $25,000, appears to be extending that pricing pressure into the United Kingdom, BYD outpaced Tesla in monthly vehicle registrations last month, selling 3,025 vehicles compared to Tesla's 2,016 units, and is on track to challenge Tesla's full-year performance. In April, BYD also overtook Tesla in European registrations for the first time, even before the Dolphin Surf entered the the UK's least expensive EV is the Dacia Spring, starting at $20,000 with a WLTP range of 140 miles. BYD's base Dolphin Surf 'Active' variant offers a 203-mile range, while the 'Boost' version extends that to 305 miles and starts at $30,000. Both models come equipped with premium features, such as a 10.1-inch rotatable touchscreen and smart driving functions. Although EVs already tend to be cheaper to own than petrol cars, the emergence of compact, low-cost EVs is seen as key to attracting more budget-conscious buyers. BYD's rapid growth in Europe continues despite the European Union imposing 17.4% tariffs on its vehicles due to concerns over Chinese government subsidies. The United Kingdom, however, has not imposed such tariffs, making it an attractive and increasingly important market for BYD. BYD has a Zacks Rank #5 (Strong Sell) at better-ranked stocks in the auto space are CarGurus, Inc. CARG, Strattec Security Corporation STRT and Michelin MGDDY, each sporting a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for CARG's 2025 sales and earnings implies year-over-year growth of 4.96% and 25%, respectively. EPS estimates for 2025 and 2026 have improved 30 cents and 44 cents, respectively, in the past 60 Zacks Consensus Estimate for STRT's fiscal 2025 sales and earnings implies year-over-year growth of 3.49% and 8.11%, respectively. EPS estimates for fiscal 2025 and 2026 have improved 73 cents and 91 cents, respectively, in the past 60 Zacks Consensus Estimate for MGDDY's 2025 sales and earnings implies year-over-year growth of 1.69% and 37.76%, respectively. EPS estimates for 2025 have improved a penny in the past 30 days. EPS estimates for 2025 have improved 3 cents in the past seven days. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Strattec Security Corporation (STRT) : Free Stock Analysis Report Michelin (MGDDY) : Free Stock Analysis Report CarGurus, Inc. (CARG) : Free Stock Analysis Report Byd Co., Ltd. (BYDDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22 minutes ago
- Yahoo
Vietnam parliament approves hiking tax on alcoholic drinks to 90% by 2031
HANOI (Reuters) -Vietnam's National Assembly on Saturday approved a proposal to raise the special consumption tax on alcoholic beverages to 90% by 2031 from the current 65%, a move that will add to challenges facing the industry even though the top rate won't be as high as first flagged. Under the legislation, the tax rate on beer and strong liquor will rise to 70% by 2027, a year later than initially proposed, before reaching 90% in 2031. Vietnam currently imposes a 65% tax on these products and the initial proposal last year had the tax rising to as high as 100%. The finance ministry has said the aim of the higher taxes is to curb alcohol consumption. Vietnam is Southeast Asia's second-largest beer market, according to a report by consultancy KPMG in 2024. Vietnam's beer industry, led by Dutch brewer Heineken, Denmark's Carlsberg, and local brewers Sabeco and Habeco, has already faced challenges from stringent drink-driving laws introduced in 2019, which set a zero-alcohol limit for drivers. The country's Beer and Alcoholic Beverage Association chief has said industry revenue has declined for the past three years. In response to weakening demand and the initial proposal for the tax hike, Heineken last year suspended operations at one of its Vietnam breweries. On Saturday, the lawmakers also approved a new levy of eight percent on sugary drinks exceeding 5g/100ml of sugar that will take effect in 2027 and rise to 10% in 2028. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Yahoo
This Airline Is Going to Start Handing Out $675 Fines to 'Unruly' Passengers: 'It Is Unacceptable'
European airline Ryanair has announced that passengers it removes from its flights for "unruly behavior" will now face an additional fine The fine for £500 — more than $675 — will be presented to anyone whose behavior "results in them being offloaded from the aircraft" 'It is unacceptable that passengers are made to suffer unnecessary disruption because of one unruly passenger's behavior," an airline spokesperson said in a statementA major European airline announced this week that passengers who are removed from flights for "unruly behavior" will now face an additional fine in an effort to crack down on what it calls "unacceptable behavior." On Thursday, June 12, Irish airline Ryanair revealed that it is introducing a £500 fine — more than $675 — to any passenger "whose unruly behavior results in them being offloaded from the aircraft." The newly implemented fines from Ryanair, which calls itself Europe's "most punctual airline," take on an "industry-wide issue affecting all airlines," the airline said in its release. The "minimum" fine comes as the airline vows to "continue to pursue disruptive passengers for civil damages." 'It is unacceptable that passengers are made [to] suffer unnecessary disruption because of one unruly passenger's behavior," a spokesperson for the airline said in a statement. "To help ensure that our passengers and crew travel in a comfortable and stress-free environment, without unnecessary disruption caused by a tiny number of unruly passengers, we have introduced a £500 fine, which will be issued to any passengers offloaded from aircraft as a result of their misconduct." "While these are isolated events which happen across all airlines, disruptive behavior in such a confined shared space is unacceptable, and we hope that our proactive approach will act as a deterrent to eliminate this unacceptable behavior onboard our aircraft," the spokesperson added. PEOPLE reached out to Ryanair for comment but did not receive an immediate response. Michael O'Leary, Ryanair's CEO, previously argued that passengers should be limited to two drinks at airports, telling the Daily Telegraph in August that authorities "don't allow people to drink-drive, yet we keep putting them up in aircraft at 33,000ft." "In the old days, people who drank too much would eventually fall over or fall asleep. But now those passengers are also on tablets and powder," he said. "It's the mix. You get much more aggressive behavior that becomes very difficult to manage." Back in January, the airline took legal action against a passenger in Ireland, seeking £12,500 — or roughly $17,000 — claiming that they disrupted a flight to the Canary Islands, per The Guardian. The 160 passengers on board had to 'face unnecessary disruption as well as [lose] a full day of their holiday," the company said at the time, according to the outlet. Never miss a story — sign up for to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories. Over in the U.S., unruly passenger incidents reported to the Federal Aviation Administration peaked in 2021, when 5,973 were reported. A total of 2,102 were reported in 2024, with 699 accounted for so far in 2025. From 2021 to 2023, the FAA levied a total of $20.9 million in fines against "unruly" passengers. Unruly passengers can face a felony conviction if referred to the FBI, fines of up to $37,000 per violation and be placed on an airline's internal no-fly list. "Former FAA Administrator Mike Whitaker reiterates that the FAA has zero tolerance for unruly passenger behavior. Dangerous passengers put everyone at risk," the agency shared in a statement on its website. "Threatening or violent behavior can distract and disrupt crew members from their primary responsibility — to ensure the safety of all passengers." Read the original article on People
