Announced
Completed
Synopsis
Elydan Group, a fluid distribution and management systems company, completed the acquisition of Geo Connect Energies, a France-based company specializing in the distribution of water drilling and geothermal equipment. Financial terms were not disclosed. "With these three new acquisitions, Elydan Group continues to implement the development plan initiated five years ago to establish itself as a leading European player in the energy sector. Our goal is to increase the Group’s international presence, particularly in the German and Nordic markets, regions known for their advanced energy transition and technological innovation. These acquisitions not only expand our product offerings but also strengthen our network to support local stakeholders in their energy efficiency projects," Marc-Antoine Blin, Elydan Group President.
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