Arcus Infrastructure Partners has expanded its submetering portfolio in Germany with the acquisition of Thermomess Wärmemessdienst for an undisclosed amount.
Arcus which acquired Officium in January last year on behalf of the Arcus European Infrastructure Fund 3 (AEIF3), said Officium has now acquired Thermomess.
It said the transaction lifts Officium’s portfolio to almost 3m devices and over half a million homes served across 14 subsidiaries, making it the sixth largest provider of metering and energy services in Germany, and almost doubling its sub-metering portfolio.
Stefano Brugnolo, partner at Arcus and board member of Officium, said: “It is a privilege for Officium to become the partner of choice for Thermomess, a business with a 60-year history and such a strong reputation in the market.
”This new partnership sets a key milestone in the creation of a leading platform to support the decarbonisation of the German real estate market.”
Officium’s managing director, Stephan Kiermeyer, said: “The acquisition continues to expand our presence across Germany, especially in Bavaria, Baden-Wurttemberg, and expand the Officium platform to over 530,000 homes and around 2.7m measuring devices.
”Our regional structure makes us an ideal partner for our customers across Germany. Additionally, in tandem with our affiliate Einhundert, we can now offer not only the classic submetering service but also photovoltaic systems, tenant energy, competitive metering point operation and much more.”
Michael Busch, chairman of the supervisory board of Thermomess, said: “Our decentralised local structure allows us to remain in close contact to our customers providing individual care and a tailored approach to their needs.
”By joining the Officium family, we will be able to create even more added value for our customers expanding our offering and reach.”
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