E.ON - M&A Summary and Business Overview

Energy Services And EquipmentCompany

E.ON M&A Summary

E.ON has acquired 8 companies, including 4 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 9 assets.

E.ON’s largest acquisition to date was in 2005, when it acquired Caledonia Oil & Gas for $846M. E.ON has acquired in 1 US state, and 5 countries. The Company’s most targeted sectors include information technology (29%) and internet software and services (15%).

E.ON Business Overview

Where is E.ON headquartered?

E.ON is headquartered in Essen, Germany.

What is E.ON’s revenue?

E.ON disclosed revenue of 93,686M EUR for 2023 and 115,660M EUR for 2022.

How many employees does E.ON have?

E.ON has 65,515 employees.

What sector is E.ON in?

E.ON is an energy services and equipment company.

When was E.ON founded?

E.ON was founded in 1923.

M&A Summary

  • M&A Total Activity16
    • M&A Buy Activity7
    • M&A Sell Activity9
  • Total Sectors Invested 6
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 11
  • M&A Advisors 1

E.ON

E.ON SE

Brusseler Platz 1,
Essen, 45131
Germany,
+49 201 184 00
www.eon.com

E.ON will focus on renewables, distribution networks, and customer solutions. Its conventional generation, global energy trading, and exploration and production businesses will be combined in a new, independent company. E.ON was founded in 1923 and is based in Essen, Germany.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 7 - - - - - 7
vol $846M $846M
Sell (0.0/yr) # 9 - - - - - 9
  16

Most Recent M&A

Company Date Value Type
WINGAS GmbH - Biomethane Business 2019-07-01 - Divestiture
Kassel, Germany
Coromatic AB 2019-05-16 - Add-on Acquisition
Bromma, Sweden · www.coromatic.se
Vinli, Inc. 2019-02-05 - Add-on Acquisition
Dallas, Texas · www.vin.li
Virta Ltd. 2019-01-10 - Add-on Acquisition
Helsinki, Finland · www.virta.global
innogy SE 2018-03-12 - Add-on Acquisition
Essen, Germany · www.innogy.com
E.ON Coal & Gas Generation Assets 2015-07-01 - Divestiture
Rome, Italy
EVANTEC GmbH 2015-03-11 - Divestiture
Munich, Germany · www.evantec.de
Home Energy Services Ltd. 2013-04-01 - Sold to Management
Nottingham, United Kingdom · www.homeenergyservices.co.uk
Louisville Gas and Electric Co. 2010-11-01 - Divestiture
Louisville, Kentucky · www.lge-ku.com
Kentucky Utilities Co. 2010-11-01 - Divestiture
Lexington, Kentucky
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
innogy SE 2018-03-12 innogy SE - Wood Pellet Production Plant 2020-06-18 1
Essen, Germany · www.innogy.com Waycross, Georgia

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 2 (29%) - - -
Energy Services and Equipment 1 (14%) - 1 (11%) -
Renewable Energy 1 (14%) - 1 (11%) -
Utilities - - 2 (22%) -
Internet Software and Services 1 (14%) - - -
Oil/Gas Exploration 1 (14%) 846M (100%) - -
Transportation 1 (14%) - - -
Consumer Services - - 1 (11%) -
Distribution - - 1 (11%) -
Electronics - - 1 (11%) -
Infrastructure - - 1 (11%) -
Semiconductors - - 1 (11%) -
Total 7 $846M 9 -

By Geo

State/Country Buy Value Sell Value
Germany 3 - 2 -
United States 1 - 4 -
  Kentucky - - 2 -
  Texas 1 - - -
  Missouri - - 1 -
  Delaware - - 1 -
Sweden 1 - 1 -
United Kingdom 1 846M 1 -
Finland 1 - - -
Italy - - 1 -
Domestic 3 (43%) - 2 (22%) -
Cross-border 4 (57%) 846M (100%) 7 (78%) -
Total 7 $846M 9 -

Top M&A Advisors

Legal Deals
Linklaters
1

Deal Values

buy # Total
$100M to $1B 1 $846M
TOTAL $846M
Largest Caledonia Oil & Gas Ltd.
$846M (2005-09-26)

M&A Connections

Deals
Acquired from
Investor(s)
29%
2 (29%)
Strategic(s)
43%
3 (43%)
Divested to
Investor(s)
33%
3 (33%)
Strategic(s)
56%
5 (56%)

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