E.ON SE Acquires Swedish Backup-Power Provider Coromatic
12 Juli 2019 - 09:29AM
Dow Jones News
By Nathan Allen
E.ON SE (EOAN.XE) said Friday that it has acquired Swedish
emergency-power provider Coromatic for an undisclosed sum.
Stockholm-based Coromatic provides emergency power and equipment
to ensure uninterrupted electricity supply to organizations across
the Nordic region, including data-center operators, hospitals and
financial-service providers.
Coromatic continues to be an independent subsidiary and will run
its business under its own brand and with current management, E.ON
said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
July 12, 2019 03:14 ET (07:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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