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Keno Acquires 49% Shares Of The Czech Company Frankensolar Eastern Europe S.R.O.

PRIVATEJan 18, 2023

Acquiring Company

the KENO Group

Acquired Company

Frankensolar Eastern Europe

ManufacturingEnergyRenewable EnergySolar

Description

KENO has started a strategic partnership with Frankensolar Eastern Europe, one of the largest distributors of the renewable energy industry in the Czech Republic and Slovakia. The new company within the KENO Group, similarly to the other foreign branches in Norway, Germany, Romania, the UK, and Hungary, will strengthen its structure and increase its reach.

Quick answer

the KENO Group is acquiring Frankensolar Eastern Europe, announced January 18, 2023.

How much did the KENO Group pay for Frankensolar Eastern Europe?
The deal value was not disclosed.
What does the KENO Group do?
A stable partner on the Renewable Energy market in Europe, the Group, which includes KENO Energy - distributor and manufacturer of complete photovoltaic systems with headquarters in Gliwice, a branch in Warsaw, Germany,..

Source: Fundz verified event record.

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Company Information

Company

the KENO Group

About

A stable partner on the Renewable Energy market in Europe, the Group, which includes KENO Energy - distributor and manufacturer of complete photovoltaic systems with headquarters in Gliwice, a branch in Warsaw, Germany, Norway, Romania, the UK and Hungary. In addition, the group's structure is completed by such companies as: KENO Home - a manufacturer of modular houses made using CLT technology; KENO Energia - an electricity trading company, enabling the purchase and sale of generated electricity from photovoltaic installations; Emiternet - one of the largest distributors in Poland, with an offer including Smart Home systems; Kensol - a brand of photovoltaic modules, heat pumps and HVAC segment devices. SOURCE KENO Energy

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Frequently asked

Who acquired Frankensolar Eastern Europe?

Frankensolar Eastern Europe was acquired by the KENO Group. The deal was reported on January 18, 2023. the KENO Group is privately held and operates in Manufacturing.

When did the KENO Group acquire Frankensolar Eastern Europe?

the KENO Group's acquisition of Frankensolar Eastern Europe was reported on January 18, 2023. KENO has started a strategic partnership with Frankensolar Eastern Europe, one of the largest distributors of the renewable energy industry in the Czech Republic and Slovakia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Frankensolar Eastern Europe do?

Frankensolar Eastern Europe is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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