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Announced

EMERAM-backed advanced clean energy Group completed the acquisition of Charge Construct.

Financials

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

Sources

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Tags

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high-power charging

Germany

Automobiles

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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EMERAM-backed advanced clean energy Group, a full-service partner for renewable energy solutions, completed the acquisition of Charge Construct, a project development company in the high-power charging segment. Financial terms were not disclosed. "With the ace Group, we are implementing our strategy of offering the market the maximum expertise of all companies under the umbrella of a powerful holding company. For our customers, this means smart full service based on the three pillars of PV systems, charging infrastructure and battery storage. This is the logical next step for the ace Group to develop into one of the largest players in the field of renewable energies in the European market. The addition of the specialist Charge Construct to the ace Group is an important milestone on our path. In addition to its dynamic, organic growth, the ace Group is also aiming for further growth through acquisitions. We are actively monitoring the market for companies that are interested in joining the ace Group," Matthias Obermeyr, EMERAM Partner.

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