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  5. GETEC heat & power AG Acquires Bioenergy Waechtersbach

M&A Deal Summary

GETEC heat & power AG Acquires Bioenergy Waechtersbach

On July 4, 2014, GETEC heat & power AG acquired renewable energy company Bioenergy Waechtersbach

Acquisition Highlights
  • This is GETEC heat & power AG’s 1st transaction in the Renewable Energy sector.
  • This is GETEC heat & power AG’s 1st transaction in Germany.

M&A Deal Summary
Date 2014-07-04
Target Bioenergy Waechtersbach
Sector Renewable Energy
Buyer(s) GETEC heat & power AG
Deal Type Add-on Acquisition
Advisor(s) @VISORY Partners GmbH (Financial)

Target

Bioenergy Waechtersbach

Wächtersbach, Germany
Bioenergy Waechtersbach GmbH supplies the Hessian town of clean energy from a biomass cogeneration plant. The electricity generated will be fed into the public grid according to the Renewable Energy Law.

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Buyer(S) 1

Buyer

GETEC heat & power AG

Magdeburg, Germany
Category Company
Founded 1993
Sector Construction
DESCRIPTION

GETEC is the market leader in contracting, GETEC heat & power AG focuses in particular on the provision of contracting services.

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: Germany M&A 1 of 1
Year: 2014 M&A 1 of 1
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