Succession: Altmärker Solarstrom sold to Avacon Natur
Wetzlar/Klötze — Nachfolgekontor, in association with sonntag corporate finance one of Germany’s leading M&A consulting boutiques with a focus on medium-sized company successions, has advised Altmärker Solarstrom GmbH on its successful sale to Avacon Natur GmbH, a subsidiary of one of the largest regional energy suppliers Avacon AG and thus part of the E.ON Group. The previous sole shareholder and managing director of Altmärker Solarstrom, Dirk Stehr, will devote himself to new entrepreneurial challenges and remain with the company as a consultant during the transition.
Altmärker Solarstrom GmbH was founded in 2004 and focuses on planning, consulting and installation of turnkey photovoltaic systems as well as their maintenance and remote data monitoring. It is based in the Altmarkkreis Salzwedel district in Saxony-Anhalt. The customer base primarily includes commercial and private property owners in the immediate vicinity of the company’s location, who benefit from the expertise and many years of experience of the solar specialist. This includes professional services such as individual maintenance solutions, financing and insurance support, and plant cleaning. Altmärker Solarstrom currently employs ten people.
Avacon Natur GmbH, headquartered in Sarstedt, represents the renewable energy division of Avacon AG, which is one of the largest regional energy supply companies in Germany with around 3,000 employees at 13 locations. Avacon offers regional energy solutions in the fields of electricity, gas, water, heating, cooling, mobility and lighting. The company also plans, builds and operates modern, high-performance fiber-optic networks. Avacon is part of the E.ON Group, but at the same time also has a strong municipal focus. More than 80 municipalities and districts from the Dutch border to Saxony-Anhalt and from the North Sea coast to southern Hesse hold 38.5% of the shares in Avacon.
“I am pleased that we have found an efficient, future-oriented partner in Avacon Natur for our customers and employees, who will continue the company and successfully expand it in the context of the current excellent market opportunities,” commented Dirk Stehr, Managing Director at Altmärker Solar. “The strong regional approach on both sides was essential for the solution we have now found. The Nachfolgekontor team not only provided us with professional support in our search for the right partner with their experience and the necessary industry know-how, but also actively supported us throughout the entire process with their personal commitment and dedication.”
“The boom in the photovoltaic market had created a comfortable starting position,” comments Sebastian Wissig, project manager at Nachfolgekontor. “In combination with our active and structured process, we were able to find the perfect partner for Mr. Stehr, even in these challenging times for him as well as for Altmärker Solarstrom, and successfully complete the transaction process in well under 12 months of project time to devote to further entrepreneurial endeavors.”
About Nachfolgekontor and sonntag corporate finance
Nachfolgekontor GmbH, in association with sonntag corporate finance GmbH, is one of the leading M&A consulting firms in the German SME sector. The team of almost 30 experts accompanies medium-sized entrepreneurs exclusively through the entire sales process. “Our task is to safeguard life’s work,” is how we see ourselves. In doing so, customers benefit from a unique approach that has won multiple awards from the business press, and which protects the identity of their companies to a special degree. Thanks to their excellent access to medium-sized companies, Nachfolgekontor and sonntag corporate finance have also established themselves as a strong partner at the side of renowned national and international major companies and investors in acquisitions.
About Altmärker Solarstrom GmbH
About Avacon Natur GmbH