Exclusive Financial Advisor to Energiedienst Holding

On 16 June 2023, Energiedienst Holding AG (Energiedienst), with its registered office in Laufenburg (Switzerland), and the German cities of Blumberg, Bräunlingen and Hüfingen announced that Energiedienst is strengthening its commitment to the Südbaar region as part of the energy transition. The cities of Blumberg, Bräunlingen and Hüfingen are each selling their 20% share in Energieversorgung Südbaar GmbH & Co. KG (ESB) to Energiedienst, which already owns 40% of the shares. ESB will remain independent as a wholly owned subsidiary of Energiedienst. This cross-border transaction strengthens the investment power and future viability of ESB and secures the necessary grid expansion in the Südbaar region. As a driving force behind the energy transition in Switzerland and southwestern Germany, Energiedienst intends to step up its commitment to a sustainable future for energy in the Südbaar region. The actual purchase will take place as soon as the Bundeskartellamt – the federal cartel office – has completed the merger control and granted clearance.

Support by IFBC

IFBC supported Energiedienst as its exclusive financial advisor throughout the entire purchase process. IFBC’s role including assisting with the strategic analysis, the valuation of Energieversorgung Südbaar GmbH & Co. KG and the determination the purchase price. Furthermore, IFBC facilitated the entire process at board and committee level to keep stakeholders informed throughout transaction.

About Energiedienst Group

The Energiedienst Group is a regionally and ecologically oriented German-Swiss stock corporation. As one of the first energy companies, the group is climate neutral by avoiding and reducing CO2 emissions. Unavoidable CO2 emissions are offset by certified climate protection projects (energiedienst.de/klimaneutralität). The Energiedienst Group, which has been recognized as a climate protection company, generates green electricity from hydropower and sells electricity and gas under the NaturEnergie brand. Its own grid companies supply customers with electricity. It is shaping change in the energy world through climate-neutral and holistic energy solutions. These include products and services in the fields of photovoltaics, heating, building & living and electromobility, including e-car sharing. The Energiedienst Group supplies around 290,000 customers with electricity. It employs over 1,000 people, including around 50 apprentices.

The link to the official media release can be found here (in German).

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