Announced
Completed
Financials
Tags
energy supply
household energy provider
Private
Electricity Distribution
United Kingdom
electrical utilities
Friendly
Acquisition
Single Bidder
Completed
Majority
Synopsis
OVO Energy, a UK-based independent energy supplier, completed the acquisition of the UK household energy supply business of SSE, a supplier of household utility, for $621m. "SSE and OVO are a great fit. They share our values on sustainability and serving customers. They’ve built an excellent team that I’m really looking forward to working with.” Stephen Fitzpatrick, OVO CEO and Founder.
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