MVV Energie Acquires econ solutions

Published: May 16 2017
Deal Summary

MVV Energie AG, a power generation company, has acquired econ solutions GmbH, a provider of energy data management services.

econ solutions offers software and hardware for energy data collection as well as visualization and analysis of the energy consumption of industrial and commercial customers. The company with 15 employees and its own sales and product development center has more than 400 customers and achieved an annual turnover of almost EUR4 million (USD4.21 million) in 2016.

The acquisition enables MVV Energie to further expand its product and service portfolio in the area of energy data management for industry and small and medium-sized businesses.

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