ČEZ acquired 7 companies in H1 22

Published: 24.08.2022 Related countries:  United Arab Emirates United Arab Emirates

ČEZ Group made several acquisitions in H1 2022.

Among others, it acquired 100% of Hermos Signaltechnik GmbH, a company focused on metering and control services. It also acquired 100% control in ELIMER, a company engaged in the design, implementation, service and maintenance of power and low-current electrical installations. Another acquired company is KABELOVÁ TELEVIZE CZ, a provider of high-speed internet connection and mobile services. The Group also acquired a 100% stake in PV Design and Build, which focuses on the implementation of photovoltaic power plants, and in Wagner Consult GmbH, which concentrates on providing planning services in the field of water infrastructure and wastewater treatment plant technology. In several partial transactions, ČEZ completed the acquisitions of OSC and HORMEN CE.

Source: CIA NEWS