Announced
Financials
Sources
Tags
Electric services
electricity supplier
Electricity Distribution
Domestic
Sweden
Pending
Acquisition
Majority
Public
Friendly
Single Bidder
Tender Offer
Synopsis
Ellevio, a Swedish electric power distribution company, agreed to acquire Dala Energi, a Sweden-based supplier of electricity, heating and fiber networks, for SEK2.2bn. "At Ellevio, we have a longstanding history as owner, manager and operator of electricity networks in Sweden and we are very pleased to present an attractive offer to all shareholders in Dala Energi. We already have strong roots in Dalarna, and with Ellevio as owner, Dala Energi's operations will continue to develop for the benefit of customers, employees, the local community and the region at large," Johan Lindehag, Ellevio CEO.
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