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DONG Energy closes acquisition of KOM-STROM


Published Oct 1, 2009
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DONG Energy - Siri platform

The EU Competition authorities has approved DONG Energy's acquisition of the German wholesale company KOM-STROM and filing for approval at the German financial supervisory authority BaFin has been completed. On this basis closing of the acquisition has now been completed. The acquisition announced on 11 August 2009 is part of DONG Energy's strategy to strengthen its position on the German market.

“With KOM-STROM now being part of DONG Energy we can continue our efforts to be the preferred partner for Stadtwerke on the German gas and power market. We will put effort in the integration of KOM-STROM into DONG Energy in order to achieve the highest possible benefits for our customers”, says Executive Vice President in DONG Energy, Kurt Bligaard Pedersen.

Tags: DONG Energy



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