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Water

EQT to Acquire French Metering Firm Ocea Group

Kurrant News Desk · ·1 min read
Mergers and AcquisitionsEQT GroupOcea GroupICG InfraWater

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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