Caisse de dépôt shifts to direct ownership stake in SPIE
The Caisse de dépôt et placement du Québec has invested an additional €30 million ($44.4 million) in SPIE, a European provider of engineering and technical services. At the same time, Clayax Acquisition Luxembourg 5 SCA, a SPIE investment vehicle owned by the Caisse, Ardian and Clayton, Dubilier & Rice, will distribute to the Caisse its pro rata shares on March 30. As a result of these deals, the Caisse, which has backed SPIE since 2011, will now directly hold 13.2 percent of the company's share capital. The Montréal-based pension fund manager said the investment will support SPIE's growth strategy.
28 March 2016•2 mins read
