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.