Partners Group, CDPQ, OTPP to buy Techem in $5.4 bln deal: Reuters
A consortium led by Swiss asset manager Partners Group Holding will buy Techem from Macquarie in a deal that values the German metering company at an enterprise value of 4.6 billion euros (US$5.4 billion), Reuters reported. The buyers include Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan as well as Techem’s management team. They plan to further develop the company, which supplies energy invoicing and energy management in buildings, in existing markets and expand into new geographic markets.
25 May 2018•1 min read
