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EQT to Acquire French Metering Firm Ocea Group
Mergers and AcquisitionsEQT GroupOcea GroupICG InfraWaterWater Distribution MonitoringSmart Water Metering
Image credit: EQT Group
Published on April 10, 2024
Swedish private equity firm EQT Group is set to enhance its footprint in the energy transition landscape through the acquisition of Ocea Group from ICG Infra. Ocea Group, a French specialist in smart water and heat metering solutions, operates over four million submeters under long-term contracts. The acquisition is expected to close in mid-2024.
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