Mergers and AcquisitionsGermanyHausheldAncalaSmart Grid
Image source: Hausheld
Published on November 11, 2024
Infrastructure fund manager Ancala has acquired a 50% stake in German smart-meter specialist Hausheld. Partnering with existing shareholder Deutsche Beteiligungs, Ancala aims to provide significant capital and expertise to help Hausheld expand its operations and deliver over 200,000 secured smart-meter installations in Germany. Currently managing around 80,000 meters, Hausheld’s CEO Bouke Stoffelsma emphasized the strategic partnership’s potential to accelerate major rollouts across municipal utilities. This move marks Ancala’s second investment in Germany’s smart-metering market, strengthening its portfolio in the sector.
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