Our News
SMERemediumCap acquires 100% of the share capital of Engie Hellas
Posted: July 27, 2021
The investment fund SMERemediumCap announces that, on 27 July 2021, it reached an agreement for a new strategic investment through the acquisition of 100% of the share capital of ENGIE Hellas.
ENGIE Hellas has been one of the leading players in the Greek Facility Management market for more than 20 years, providing a full spectrum of facility management and technical maintenance services to a wide range of major and high-profile building installations across the country.
ENGIE Hellas is a pioneer in energy services and facility management, with particular expertise in technical maintenance, the transition to alternative energy solutions and electromobility. At the same time, the company actively develops advanced IoT (Internet of Things) technological solutions, supporting the digital transformation and operational efficiency of the facilities it manages.
Η επενδυτική φιλοσοφία του SMERemediumCap II
By combining these services, it offers a comprehensive value proposition to its clients, thus contributing to the reduction of energy consumption of their building facilities and to the limitation of their carbon footprint.
Both the SMERemediumCap investment fund and the management of ENGIE Hellas are committed to working closely and constructively to ensure a smooth transfer of the company to its new shareholders, so that the business can continue its operations uninterrupted and maintain the high standard of service quality that has consistently distinguished it over the years. At the same time, the successful transition of the company will be supported by the commitment, dedication, professionalism and experience of its employees.
The primary business objective of this investment is the creation of a pioneering and leading organisation that will deliver comprehensive, high-quality services across the full spectrum of facility management activities, through organic growth as well as new investments and strategic partnerships.
Διακυβέρνηση και ομάδα
Engie Hellas operated as a subsidiary of the ENGIE Group for more than two decades. The Group’s core activities include the generation and distribution of electricity and natural gas, as well as the provision of technical and energy services.
About the SMERemediumCap Fund
SMERemediumCap is supported by an experienced investment team and is the first investment fund in Greece focused on medium-sized Greek productive companies with strong prospects for growth and business recovery. The Fund has raised and manages €143 million in capital from 42 institutional, corporate and private investors, including distinguished Greek and international institutional investors, pension funds, insurance companies and family offices. Executive Chairman of the SMERemediumCap investment fund is Nikolaos Karamouzis.