Axdis and POwR Group Merge to Lead European Energy Transition
Deal News | Apr 01, 2025 | EMZ Partners
In a strategic move, Axdis and POwR Group have announced their merger to become a leading distributor of energy transition and renovation solutions in Europe. The merger, backed by EMZ Partners' investment in Axdis a year ago, combines Axdis' prowess in HVAC and photovoltaic solutions for residential areas with POwR Group’s commercial and industrial photovoltaic expertise. This union aims to create a comprehensive service provider addressing residential, commercial, and industrial energy requirements across different European regions. With an anticipated turnover exceeding 600 million and an EBITDA margin of over 10%, the new entity underscores strategic operational and commercial synergies. Subject to antitrust approval, the merger is slated for completion by the first half of 2025, and will prioritize innovation and growth through strategic external acquisitions.
Sectors
- Energy
- Renewable Energy
- Mergers and Acquisitions
Geography
- Europe – The merger aims to establish a leading presence in the European market, with operations spanning France, Spain, Portugal, and Belgium.
Industry
- Energy – The article discusses the merger between two leading companies specializing in energy renovation and transition solutions, which is critical in the field of sustainable energy.
- Renewable Energy – The focus on photovoltaics and HVAC systems underscores the commitment to renewable energy, aligning with global sustainability goals.
- Mergers and Acquisitions – The article highlights a merger between Axdis and POwR Group, representing a strategic consolidation in the industry.
Financials
- 600 million – The combined revenue of the newly merged entity.
- 10% – The EBITDA margin of the new group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Axdis | Target Company | Company | A leading distributor in the energy transition sector, specializing in HVAC and photovoltaic solutions for residential buildings. |
| POwR Group | Bidding Company | Company | A key player in distributing photovoltaic solutions for commercial and industrial buildings. |
| EMZ Partners | Private Equity Firm | Company | A private equity firm that invested in Axdis, facilitating the merger and strategic growth. |
| Jean-Christophe Vigouroux | President | Person | President of POwR Group and a key spokesperson for the merger. |
| Thierry Hourquet | President | Person | President of Axdis, highlighting the strategic benefits of the merger. |
| Charles Mercier | Partner | Person | A partner at EMZ Partners, supporting the merger initiative. |
| Juliette Moisan | Investment Director | Person | Investment director at EMZ Partners, involved in the merger process. |