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E.ON / HELEN / VIRTA

M.9032

E.ON / HELEN / VIRTAPROJECT FISH
December 5, 2018
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

The proposed concentration concerns the acquisition of joint control over Liikennevirta Oy

("Virta") by (i) E.ON, via its subsidiary E.ON Drive Infrastructure GmbH ("E.ON"), and

(ii) Helen Oy ("Helen") by way of purchase of shares.

E.ON SE is a DAX-listed European energy company based in Essen, Germany. Its activities

are focused on three main business areas: (i) electricity generation from renewable energy

sources, (ii) energy distribution networks and (iii) customer solutions (including electricity

and gas retail supply). E.ON is planning to divest its renewable business to RWE. In addition,

E.ON offers e-mobility services, including the operation of charging stations for electric

vehicles in several EU countries including Germany, Denmark, Norway, Sweden, and

the UK.

Helen, formerly known as Helsingin Energia, is a large Finnish energy company with

headquarters in Helsinki, Finland. Helen's business consists primarily of the production of

electricity, district heating and cooling, as well as energy distribution and sales. In addition,

Helen offers a wide range of services for small-scale energy production and the customers'

own energy use. Since 2012 Helen also offers electric vehicle charging points in Finland.

Virta is a Finnish e-mobility software company headquartered in Helsinki. It provides a range

of services related to the charging of electric vehicles. Virta was founded in 2013 and has

currently 30 employees. It operates primarily in Finland and also has activities in the Czech

Republic, France, Germany, Iceland, Norway, Sweden, Switzerland, and the UK.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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