25-Nov-2021

goetzpartners advised Mainova AG

Deal announcement

goetzpartners advised Mainova AG on its acqusition of mobiheat GmbH

goetzpartners advised Mainova AG (“Mainova”), a leading full-service supplier of electricity, gas, water and energy services headquartered in Frankfurt/ Main, on the acquisition of a majority stake of mobiheat GmbH (“mobiheat”), a specialist in mobile heating, cooling, and steam units in German-speaking countries.

As one of the ten largest regional energy providers in Germany and the largest in the federal state of Hesse, Mainova covers the entire value-chain of a multi-utility company. By acquiring mobiheat, Mainova further strengthens its energy service business exploiting the great market potential in the highly attractive mobile heating and cooling markets.

After its foundation in 2004, mobiheat has been an innovation leader for heating and cooling solutions as well as services and accessories and has grown from its headquarters in Friedberg-Derching to eight locations in Germany, Austria, and Switzerland with circa 100 employees. The transaction also includes the two foreign subsidiaries in Austria and Switzerland. The shares were sold by Energieversorgung Offenbach AG (EVO) and the founders of mobiheat. The terms of the transaction were not disclosed.

goetzpartners acted as exclusive M&A advisor to Mainova. The transaction further underlines our competence in advising large-sized utility companies as well as our HVAC and business services sector expertise.

About Mainova
Mainova AG is the leading energy service provider in Frankfurt/ Main and an energy partner for private and corporate customers throughout Germany. The company supplies more than a million people with electricity, gas, heat, and water and is a powerful partner for complex large-scale projects, for the future-oriented expansion of cities and with tailor-made solutions for people’s own homes. Thanks to a wide range of partnerships with companies from its investment portfolio, Mainova offers not only traditional supply infrastructures, but also products and services relating to renewable energies, electromobility, car sharing, energy efficiency, digital infrastructures, and mobile heating and cooling centres.

About mobihead
mobiheat is a leading provider of mobile heating and cooling solutions headquartered in Friedberg-Derching, Germany. With a strong brand, patented quality products and a technically skilled workforce, mobiheat is a well-known specialist in the mobile energy market. The company serves customers from many different industries ranging from data centre providers, facility managers, construction to football clubs.

Transaction Team

Christian Muthler
Managing Director
Email

Maximilian Bergold
Associate Director

Sven Langelahn
Associate

Patrick Durner
Analyst