SAG group
| SPIE SAG GmbH | |
|---|---|
| legal form | GmbH |
| founding | 1916 |
| Seat | Ratingen (North Rhine-Westphalia) |
| management | Markus Holzke (Managing Director / CEO) |
| Branch | Energy service |
| Website | http://www.spie.de |
| Status: 2020 | |
Since December 2016, SPIE SAG GmbH (previously SAG Group) has been part of SPIE Germany & Central Europe - the independent European market leader for multi-technical services for buildings, systems and infrastructures. With the acquisition, SPIE sees itself in Germany as a leading service provider for line construction, switchgear construction, cable, communication, gas and water networks as well as electromobility.
Within SPIE Germany & Central Europe, the services appear as the "Transmission & Distribution" competence field. The executing legal unit is SPIE SAG GmbH, which is managed in the management structure of SPIE Germany & Central Europe in the High Voltage (HV) and CityNetworks & Grids (CNG) business areas.
Burkhard Sager is head of the High Voltage division, and Peter Pfannenstiel is head of the CityNetworks & Grids division.
history
On August 11, 1916, Starkstromanlagen Aktiengesellschaft (SAG) was founded by the Eisenbahnbau-Gesellschaft Becker & Co. (Berlin). The company was a wholly owned subsidiary of the Mannheim Aktiengesellschaft of Energy (AOD), which in turn equal parts of the Rheinisch-Westfälische Electricity Works AG (RWE) and the AG Electricity formerly W. Lahmeyer & Co. was one.
With the establishment of the Banater Elektrizitäts-Aktiengesellschaft in Pančevo (Yugoslavia) in 1923, SAG expanded abroad. However, the international commitment temporarily ended after a few years in the global economic crisis. Between 1931 and 1933, SAG had to lay off a large part of its employees. In 1935 SAG merged with Bayrische Aktiengesellschaft für Energiewirtschaft (Bafe) , which shifted the focus of business activities from installation and local network construction to the construction of high-voltage and overhead lines. In order to avoid the destruction of the Second World War and the increasing bombing raids on Berlin, Starkstromanlagen AG relocated its headquarters to Landshut in Bavaria in 1943.
In the mid-1950s, Starkstromanlagen Aktiengesellschaft was renamed Starkstrom-Anlagen GmbH, Landshut (SAG). The top management of SAG, Rheinelektra-Starkstromanlagen GmbH, Mannheim (RSG) and Lahmeyer-Starkstromanlagen GmbH, Frankfurt (LSG) signed a joint contract which, in addition to rationalizing the administration, brought about synergy effects in the expansion of the core business. From 1957 to 1962, the group of companies carried out its activities under the name of Starkstromanlagen-Gemeinschaft, initially as a company under civil law, and from the end of 1957 as an oHG. In 1957, the association generated DM 57 million with 4,000 employees. The number of employees rose to 6,200 by 1962 as a result of high investments in the energy industry. Due to the great economic success of the group of companies, the construction companies of Rheinelektra and Lahmeyer merged with SAG on January 1, 1963 under the common name of Starkstromanlagen-Gemeinschaft mbH. The company headquarters was relocated from Landshut to Frankfurt. In 1969 the name was changed again to Starkstrom-Anlagen-Gesellschaft. SAG was now Germany's largest specialist company for the construction of overhead lines, switchgear and local networks.
In 1993 SAG took over the Austrian Schrack Anlagentechnik AG, Vienna and in 1994 the French Vigilec Group. In the same year, SAG acquired a majority stake in the Polish Elbud Gdańsk Holding SA, as well as in the Czech EMG ELEKTRO Milfait-Glatter spol.sro. In 2001, SAG finally took over 100 percent. In 1997, SAG acquired a 30 percent stake in the Italian assembly company Nadal Antonio Srl and founded SAG Magyarország Kft in Hungary.
In 1999 SAG was transformed into a stock corporation under the name TESSAG Technische Systeme & Services AG with the incorporation of the NUKEM Group and some business areas of Lahmeyer AG. With the merger of Lahmeyer AG into RWE AG in February 2000, TESSAG became a direct subsidiary and was called RWE Solutions AG from 2001. Although SAG was part of the RWE Group in the RWE Energy division and benefited from its proximity to this major customer in the years that followed, the company continued to operate under the SAG brand.
As part of the focus on the core business, RWE initiated the sales process for RWE Solutions AG in 2005. The American investor Advent International took over the companies in June 2006 and removed the SAG Group as a cohesive unit from the association. In the same year, SAG Energieversorgungslösungen, SAG Netz- und Energietechnik and SAG Holding GmbH merged to form SAG GmbH, based in Langen. The SAG Group has been part of the portfolio of the Swedish financial investor EQT since February 2008 .
In December 2016, EQT initiated the sale of SAG to the French group SPIE , which was completed on March 31, 2017.
Services
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Line construction, switchgear construction, cable, communication, gas and water networks as well as electromobility
Web links
Individual evidence
- ↑ https://www.firmenwissen.de/az/firmeneintrag/40882/6210277471/SPIE_SAG_GMBH.html
- ↑ SPIE at a glance. Retrieved July 15, 2020 .
- ↑ management team. Retrieved July 15, 2020 .
- ↑ SPIE signs an agreement to acquire SAG. December 23, 2016, accessed May 4, 2017 .
- ↑ SPIE successfully completes acquisition of SAG. Retrieved May 4, 2017 .