Techem completed the acquisition of a majority stake in Inexogy.

Techem, an energy service provider, completed the acquisition of a majority stake in Inexogy, a company specializing in smart meter solutions. Financial terms were not disclosed. “Smart meters are the key to a sustainable, digitally controlled, and cross-sector optimized energy supply. Our common goal is therefore clear: we want to make the efficient and digitized rollout in Germany as straightforward and simple as possible. In inexogy, we have found the right partner and can therefore significantly advance the digitization of the energy transition," Matthias Hartmann, Techem Group CEO.