Smartwatt has been acquired by Gascan
The shareholders of Smartwatt have sold a majority stake in the company to Group Gascan-Energyco.
Smartwatt offers integrated solutions for reducing energy costs, consumption and carbon footprint for industrial and services consumers, using state-of-the-art digitalization and benefiting from access to a proprietary database. The company offers tools and processes for optimization of energy consumption, renewable energy production and maintenance operations to industrial, commercial and services players.
Group Gascan-Energyco operates in the Portuguese market providing energy solutions to the B2C and B2B end-customer segments. Products and services, among others, include the sale of propane, thermal energy, photovoltaic solutions, electric mobility, maintenance services, appliances and legal inspections.
Bonera Group combines companies that operate at various stages of the energy value chain and aims to contribute to the transition to a sustainable energy model.
Oaklins’ team in Portugal advised Smartwatt’s shareholders on the sale of a majority stake in the company.
Talk to the deal team
Related deals
Dolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn moreBackspin has completed a mandatory public tender offer for the shares of Spindox
Backspin S.p.A. has completed a mandatory public tender offer for Spindox S.p.A.
Learn moreStrawberry Equities has sold Ecohz to Caely Renewables
Ecohz, a global renewable energy company, has been acquired by environmental commodity trading house Caely Renewables from Strawberry Equities. The transaction marks an important new chapter for Ecohz and brings together two organizations with complementary strengths, aligned in their commitment to accelerating the global energy transition.
Learn more