Elevion Group strengthens its German building-decarbonization platform with Techem Solutions
Elevion Group B.V. and Techem Energy Services GmbH have signed a share purchase agreement for the acquisition of 100% of the shares in Techem Solutions GmbH, the second largest German provider of heat supply and energy services.
With this transaction, Elevion Group significantly strengthens its position in the German building heat supply market. Techem Solutions represents a key player in this segment, with activities covering the supply and trading of energy (heat, cooling, steam, gas and electricity), as well as the design, installation and operation of decentralized energy systems.
Elevion Group is a European provider of end-to-end decarbonization and energy-efficiency solutions, with annual revenues of EUR 1.3bn, and continues to expand its position in the European energy services market.
The acquisition significantly strengthens Elevion’s ability to deliver fully integrated energy solutions — spanning analysis, design, financing, implementation, operation and long-term optimization of building-energy systems, positioning Elevion Group among the leading providers of decentralized heat contracting and energy-efficiency services in Germany and supporting its strategy to expand recurring, asset-backed and long-term service models in response to rising energy costs, CO₂ pricing and ESG requirements.
“Germany’s heat transition requires practical, scalable and economically viable solutions for building owners, real-estate companies and tenants. With Techem Solutions, Elevion Group strengthens its German platform with proven contracting capabilities, long-term operating expertise and deep knowledge of real-estate energy systems,” said Jaroslav Macek, CEO of Elevion Group.
Techem Solutions is part of Techem Energy Services, a leading German energy service provider for real estate sector with over 70 years of experience.
Techem Solutions operates a portfolio of 2,278 energy assets with a total installed thermal capacity of around 539 MWt, supplying roughly 2,600 residential and 150 commercial customers.
“This transaction represents a clear strategic step forward for Techem. By bringing Techem Solutions together with Elevion, we are creating a platform with the scale, capabilities and investment profile required to drive the energy transition across Europe. At the same time, this step allows Techem to further sharpen its strategic focus on its core business in smart energy data management for building. This enables us to allocate capital and resources with greater discipline and accelerate our long-term growth trajectory” comments Matthias Hartmann, CEO of Techem Group.
“Elevion provides us with access to new international markets, additional capital to drive organic growth in Germany, and innovative technological solutions in digitalization and decarbonization. We see this combination as a significant opportunity for our employees, partners, and customers. Adds Holger Suschowk, CEO of Techem Solutions
Beyond the transaction, Elevion Group and Techem Energy Services intend to explore further cooperation opportunities, leveraging their complementary strengths to jointly support the energy transition in Germany.
The closing of the transaction is expected in the second half of 2026, subject to approval by the relevant German regulatory authorities.
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