.
MergerLinks Header Logo

New Deal


Announced

Completed

Energinet acquired HMN GasNet for £220m.

Financials

Edit Data
Transaction Value£220m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Completed

Friendly

Denmark

Conventional Electricity

Private

energy supply

Acquisition

Single Bidder

Synopsis

Edit

Energinet, the Danish national transmission system operator for electricity and natural gas, acquired HMN GasNet, an energy supplier in Viborg, Denmark, for £220m. "With the deal, we welcome HMN and the many talented employees in Energinet. All the major Danish gas distribution companies are now unified, and a major step has been taken towards fulfilling the government's desire for a single state-owned company," says Lars Barfoed, chairman of the board of Energinet.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US