M&A Deal Summary

PGE Polska Grupa Energetyczna Acquires PKP Energetyka

On December 28, 2022, PGE Polska Grupa Energetyczna acquired energy services and equipment company PKP Energetyka from CVC Capital Partners for 1.9B PLN

Acquisition Highlights
  • This is PGE Polska Grupa Energetyczna’s 1st transaction in the Energy Services and Equipment sector.
  • This is PGE Polska Grupa Energetyczna’s largest (disclosed) transaction.
  • This is PGE Polska Grupa Energetyczna’s 2nd transaction in Poland.

M&A Deal Summary
Date 2022-12-28
Target PKP Energetyka
Sector Energy Services and Equipment
Buyer(s) PGE Polska Grupa Energetyczna
Sellers(s) CVC Capital Partners
Deal Type Add-on Acquisition
Deal Value 1.9B PLN

Target

PKP Energetyka

Warsaw, Poland
PKP Energetyka is a cross-country electricity distributor to the Polish railway network and to other customers. It also provides nationwide maintenance and emergency response services to the railway network, operates fuel stations for diesel locomotives and is active in electricity reselling. The company owns 20,000km of distribution network and operates a fleet of 100 highly specialized trains and rail equipment across Poland.

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Buyer(S) 1

Buyer

PGE Polska Grupa Energetyczna

Lublin, Poland
Category Company
Founded 1990
Sector Utilities
Employees42,552
Revenue 96.0B PLN (2023)
DESCRIPTION

PGE Polska Grupa Energetyczna is an energy sector company provides power supply to over 5 million households, businesses and institutions. PGE Polska Grupa Energetyczna was founded in 1990 and is based in Lublin, Poland.

DEAL STATS #
Overall 2 of 2
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Poland) 2 of 2
Year (2022) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-07-31 Wento

Warsaw, Poland

Wento is a provider of renewable energy sources (wind, PV) and energy storage. Wento was founded in 2012 and is based in Warsaw, Poland.

Buy €50M

Seller(S) 1

SELLER

CVC Capital Partners

Luxembourg, Luxembourg

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1981
PE ASSETS 177.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

CVC Capital Partners is a global private equity firm focused on investments in large companies located in Europe, North America, and Asia. CVC looks for opportunities with stable cash flows and talented management, and will consider businesses in a variety of industries. Target sectors include textiles, industrial products, waste management, building materials, energy/utilities, business services, financial services, distribution, healthcare, media, semiconductors, and gaming. CVC can handle transactions valued from €200 million to €10 billion. CVC Capital Partners was formed in 1981 and is based in Luxembourg.

DEAL STATS #
Overall 170 of 173
Sector (Energy Services and Equipment) 2 of 2
Type (Add-on Acquisition) 62 of 63
Country (Poland) 1 of 1
Year (2022) 4 of 4
Size (of disclosed) 36 of 54
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-15 GarudaFood

South Jakarta, Indonesia

GarudaFood is a seller of branded consumer food products. The company has four main product categories: biscuits, snacks, instant beverages and chocolate confectionery which it produces across its five production facilities.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-06 Scan Global Logistics

Hvidovre, Denmark

Scan Global Logistics is an international asset-light freight forwarding and logistics platform that helps its customers purchase and coordinate the movement of freight across various transportation modes ocean, air, truck and geographies. Scan Global Logistics was founded in 2006 and is based in Hvidovre, Denmark. ,

Buy -
Mergr

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