Acquiring Company
E.ON SE
Acquired Company
Ovo Energy
Essen
LondonManufacturingEnergyRenewable EnergyDescription
E.ON Group announced its plan to acquire UK energy supplier OVO Energy in a significant investment aimed at enhancing consumer energy flexibility. The deal will allow the combined entity to serve approximately 9.6 million customers and is expected to be completed in the second half of 2026, pending regulatory approval. E.ON believes this acquisition will strengthen its core retail business and further its commitment to a sustainable energy future.
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Who acquired Ovo Energy?
Ovo Energy was acquired by E.ON SE, based in Essen. The deal was reported on May 11, 2026. E.ON SE is a leading energy company focused on providing innovative energy solutions and services. E.ON SE is publicly traded (EONGY).
When did E.ON SE acquire Ovo Energy?
E.ON SE's acquisition of Ovo Energy was reported on May 11, 2026. E.ON Group announced its plan to acquire UK energy supplier OVO Energy in a significant investment aimed at enhancing consumer energy flexibility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ovo Energy do?
Ovo Energy is a British energy supplier known for its commitment to providing superior service to its customers. It has rapidly grown to become one of the leading energy companies in the UK since its establishment in 2009. It is privately held, operating in Manufacturing, and is based in London.
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