Acquiring Company
TIVEN
Acquired Company
sonnen
Description
Shell has completed the sale of sonnen, a residential battery storage company, to TIVEN. This acquisition follows Shell's efforts to divest from certain assets to focus on more profitable areas. Financial details of the sale were not disclosed, but the transaction reflects TIVEN's strategy in the investment sector.
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M&A Insights
Based on deal dataFrequently asked
Who acquired sonnen?
sonnen was acquired by TIVEN, based in Malta. The deal was reported on August 25, 2026. TIVEN is a family office investment group. It has offices in Germany and focuses on investing in various sectors. TIVEN is known for its strategic investments and managing assets for its founder, Gert Purkert. TIVEN is privately held and operates in Financial Services.
When did TIVEN acquire sonnen?
TIVEN's acquisition of sonnen was reported on August 25, 2026. Shell has completed the sale of sonnen, a residential battery storage company, to TIVEN. This acquisition follows Shell's efforts to divest from certain assets to focus on more profitable areas. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does sonnen do?
sonnen is a leading provider of residential battery storage solutions. The company focuses on creating aggregated virtual power plant programs. It has made significant strides in the US and German markets for battery storage and energy solutions. It is privately held, operating in Energy, and is based in Wildpoldsried.
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