erdgas schwaben to acquire Maxenergy Group.

erdgas schwaben, an electricity distributor, agreed to acquire Maxenergy Group, an electricity and gas distributor. Financial terms were not disclosed. “With Maxenergy, Erdgas Schwaben has gained a subsidiary that has established itself on the German and Austrian markets as a new, agile energy provider. Common goals in terms of sustainability and climate protection, local proximity and the long-term partnership form a solid basis for successful cooperation," Bernd Neider, Maxenergy Managing Director.