Multinational energy group TEDOM acquires Italian cogeneration leader Intergen

CDI Global Italy has supported Intergen as financial advisor
By: CDI Global
 
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MILAN - Oct. 11, 2024 - PRLog -- Multinational energy group TEDOM strengthens its position in the energy business by acquiring the Italian cogeneration leader Intergen. CDI Global Italy has supported Intergen as financial advisor.

The multinational energy group TEDOM is significantly strengthening its cogeneration business leadership acquiring a 100% stake in Intergen, Italian's top manufacturer of cogeneration units. Thanks to this acquisition, TEDOM is becoming a major player for the energy sector in Europe, since the European Commission has defined cogeneration as a key part of the energy mix for transition.

Lombardy-based company Intergen, founded in 1987 in the wake of the broader industrial activities of its founder Giorgio Keller, has been owned by the Keller family till today. With over 450 plants built, worth more than 600 megawatts of electrical installed power, Intergen is an Italian leader in designing, building, and servicing cogeneration and trigeneration plants. It specializes in the construction of medium and large-scale turnkey plants for industrial and hospital applications. It has an exclusive distribution agreement for Italy of the MWM cogeneration units from the Caterpillar group.

Intergen was assisted by Cesare Tocchio, Managing Partner of CDI Global Italy, as financial advisor, by the international law firm DLA Piper with the Country Manager Wolf Michael Kuhne and lawyer Barbara Donato as legal advisor and by Dr. Paolo Targa of the Trotter associated firm as tax advisor.

TEDOM, represented by the management team made by Oldrich Soba, Chairman of Board, Ladislav Zeman, CEO, Tomas Sames, CFO, was assisted by DRV LEGAL, represented by Lawyers Tomas Antal, Partner and Martin Cordella from Dolce Lauda legal studio, as legal advisor and by Studio Nicolini in person of Francesco Nicolini, as fiscal advisor.

"This is another important step in the development of our cogeneration business. This acquisition combines TEDOM's strong product portfolio and manufacturing base with Intergen's excellent market position, infrastructure, and team in Italy. This will allow TEDOM to further its vision of being a next-generation international energy group capable of efficiently connecting energy services with in-house engineering production," says Ladislav Zeman, CEO of the TEDOM Group.

"Intergen is one of the key players in the Italian market. Our first cogeneration units defined the European standard, and our technology has powered thousands of important companies that continue to drive the success of the Italian economy today. It's great that we can continue our good work with a partner who can help us grow and complement each other," says Alberto Guidotti CEO of Intergen.


About TEDOM

For more than 30 years, TEDOM has been involved in the development, production, and operation of CHP units, which are highly efficient sources for the joint production of electricity and heat. TEDOM is one of the top businesses in the cogeneration sector, with products sold in numerous countries around the world, from Japan to Europe to the United States. The entire TEDOM group employs about 1000 people.

In addition to the production of CHP units, TEDOM provides several other energy services, such as power balance services, connection to a virtual power plant, purchase and sale of energy, installation of photovoltaic sources, and complex supply of energy units. For more information, please visit www.tedom.com

About Intergen

Intergen designs, builds, and maintains cogeneration and trigeneration plants up to 4,5 MWe and provide systems to ensure continuity of power supply in highly critical processes and operating conditions. For more information, please visit www.intergen.it

About CDI Global Italy

CDI Global Italy is an Advisor representing the Italian branch of CDI Global; it is present with more than 40 offices in 30 countries worldwide, specialized in middle-market transactions, and with a strong cross-border vocation.

CDI Global Italy supports SMEs in extraordinary finance transactions, both sell side and buy side, with corporate counterparties and private equity funds, both domestic and international; it advises on mergers and acquisitions (M&A), divestments and joint ventures, debt advisory, corporate finance services, valuation, and restructuring plans.

CDI Global Italy's strength lies in the long experience of its Partners, professionals who have extensive experience and expertise in corporate finance in all major sectors in which SMEs operate. For more information please visit: https://www.cdiglobal.com/it

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Source:CDI Global
Email:***@cdiglobal.com Email Verified
Tags:CDI Global, M A, Mergers, Acquisitions, Intergen, TEDOM
Industry:Energy
Location:Milan - Milan - Italy
Subject:Mergers
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