Leadec Completes Acquisition of Servycat in Spain
Deal News | Jan 16, 2025 | PR Newswire Cision Leadec
Leadec, a leading global provider of industrial services, has announced the acquisition of Manteniments Industrials Servycat 2017, S.L.U. and Electro Servycat, S.L. effective January 2, 2025. This strategic acquisition enhances Leadec’s technical capabilities and customer base in the Spanish food industry. Servycat, founded in 2007 and based in Vic near Barcelona, specializes in maintenance, mechanical and electrical installations, and metal work for industrial clients, with a strong emphasis on the food sector. This move supports Leadec's growing operations in Spain, which began in early 2024 with a significant integrated facility management contract for a major international client. The acquisition leverages Leadec's comprehensive service portfolio, positioning them for expansion in Catalonia, one of Spain's key industrial regions. The Servycat team, comprising 330 employees, joins Leadec to enhance service delivery through synergies across the group, including technical cleaning and facility management solutions. Leadec, headquartered in Stuttgart, employs over 23,000 people globally and operates at more than 350 locations. This acquisition marks a significant step in Leadec's growth strategy, reinforcing its commitment to providing innovative solutions and high-value services to industry partners worldwide.
Sectors
- Industrial Services
- Food Industry
Geography
- Spain – The acquisition of Servycat enhances Leadec's operations in Spain, particularly in the Catalonia region.
- Germany – Leadec, a German company based in Stuttgart, is expanding its reach in Spain with this acquisition.
Industry
- Industrial Services – The acquisition involves companies engaged in industrial maintenance and installation services.
- Food Industry – Servycat provides specialized services for the food sector, a focus area for Leadec's expansion.
Financials
- 1.24 billion Euros – Leadec's revenue in 2023.
Participants
Name | Role | Type | Description |
---|---|---|---|
Leadec | Acquirer | Company | A global services specialist for factories and infrastructure, headquartered in Stuttgart, Germany. |
Manteniments Industrials Servycat 2017, S.L.U. | Target Company | Company | A Spanish industrial services company specializing in maintenance and installations. |
Electro Servycat, S.L. | Target Company | Company | Partners with Manteniments Industrials Servycat to provide electrical industrial services. |
Antoni Castro | CEO and Founder | Person | Founder and CEO of Servycat, overseeing integration with Leadec. |