M&A Deal Summary

Ellevio Acquires Markbygden Net

On September 20, 2023, Ellevio acquired renewable energy company Markbygden Net

Acquisition Highlights
  • This is Ellevio’s 1st transaction in the Renewable Energy sector.
  • This is Ellevio’s 1st transaction in Sweden.

M&A Deal Summary

Date 2023-09-20
Target Markbygden Net
Sector Renewable Energy
Buyer(s) Ellevio
Deal Type Add-on Acquisition

Target

Markbygden Net

Pitea, Sweden
Markbygden Net is own and operate of wind farm. Markbygden Net is based in Pitea, Sweden.

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Buyer(S) 1

Buyer

Ellevio

Stockholm, Sweden

Category Company
Founded 2015
Sector Utilities
DESCRIPTION

Ellevio is a provider of electricity flowing silently from the sockets at home into mobile phones, coffee makers and bedside lamps Or into the electric motor that makes lifts, pumps and cranes spin and work. In total, 7,000 miles of lines supply close to a million households and businesses in Sweden with electricity. Ellevio was founded in 2015 and is based in Stockholm, Sweden.


DEAL STATS #
Overall 1 of 1
Sector: Renewable Energy M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2023 M&A 1 of 1