Announced
Financials
Sources
Tags
Software
eCommerce Cloud
Acquisition
Minority
Pending
Single Bidder
Germany
Domestic
Private
Friendly
Synopsis
badenova, a modern energy and environmental service provider that supplies natural gas, electricity, and water, agreed to acquire a 25.1% stake in epilot, a ecommerce cloud for energy providers, from enercity, an energy provider. Financial terms were not disclosed. "We want to support our customers in the best possible way in the energy transition. For this to succeed, strong partners are essential: Together with epilot, we will further expand our powerful digital ecosystem, which is why it is a logical step to participate in epilot as a shareholder," Hans-Martin Hellebrand, badenova Board Member.
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