DEW21 completed the acquisition of Kneipp.

DEW21, a local supplier for energy, gas and water, completed the acquisition of Kneipp, a brand specializing in natural cosmetics. Financial terms are not disclosed. "The integration of Kneip into the DEW21 Group is an important step towards future-proofing the expansion of our electricity grids and the implementation of the energy transition. We rely on Kneip's know-how and many years of expertise to jointly overcome the challenges of grid expansion. At the same time, the company's independence and the jobs of its employees are secured, which is particularly important to us as a regional employer," Peter Flosbach, DEW21 Technical Director.