Acquiring Company
E.ON
Acquired Company
OVO Energy
LondonEnergyOil And GasRenewable EnergyManufacturingEnergyRenewable EnergyDescription
E.ON and Ovo Energy are in advanced talks to merge, potentially creating one of the largest domestic energy suppliers in the UK. If completed, the merger could result in a combined customer base exceeding 9.5 million accounts. Negotiations are ongoing, with several challenges remaining before finalizing the agreement.
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Based on deal dataFrequently asked
Who acquired OVO Energy?
OVO Energy was acquired by E.ON. The deal was reported on April 25, 2026. E.ON is one of Europe’s largest energy companies, serving around 47 million customers. The company operates a distribution network that spans 1.6 million kilometers. E.ON is privately held and operates in Energy.
When did E.ON acquire OVO Energy?
E.ON's acquisition of OVO Energy was reported on April 25, 2026. E.ON and Ovo Energy are in advanced talks to merge, potentially creating one of the largest domestic energy suppliers in the UK. If completed, the merger could result in a combined customer base exceeding 9.5 million accounts. 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 focus on renewable and sustainable energy solutions. It provides gas and electricity to millions of customers across the UK. The company aims to make energy greener and cheaper for consumers. It is privately held, operating in Manufacturing, and is based in London.
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