Peugeot Invest Completes Sale of SPIE Stake

In a recent move, Peugeot Invest has successfully sold its remaining stake in SPIE, amounting to 4,250,000 shares or approximately 2.5% of the company's share capital. This transaction, executed through an accelerated bookbuilding process, secured approximately €193 million. This marks the completion of Peugeot Invest's phased exit from SPIE, having previously reduced its holding on March 18, 2025.

Since its initial investment in 2017, Peugeot Invest has witnessed significant growth in SPIE, doubling its operating income through leveraging market dynamics such as energy transition. This strategic initiative has culminated in value creation estimated at €196 million, reflecting a 2x return and a 10% IRR.

The sale, coordinated by BNP Paribas and Morgan Stanley, is scheduled for completion on July 10, 2025. The proceeds further emphasize Peugeot Invest's adeptness in capitalizing on market opportunities.