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Hera Group acquires 49% of Sangroservizi

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Press releases
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<p><em>The first nine months of the year ended with strong growth in all economic and financial indicators, confirming the Group’s solidity and the effectiveness of its multi-business strategy. Respecting the goals set out in the business plan, the Group once again combined corporate growth and the creation of value for all stakeholders, as is proven by net investments and corporate acquisitions, up by more than 18% overall.</em></p>
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Online since 26-07-2023 at 13:13
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Online since 10-05-2023 at 15:02
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Hera Group Board of Directors approves 1Q 2023 results

<p><em>The consolidated quarterly report at 31 March shows growth in the main operating-financial indicators, once again proving the financial solidity and strength of the Group’s multi-business model. Hera continues to combine corporate growth with sustainable development, confirming its commitment to creating value for all stakeholders and the local communities.</em></p>
Online since 10-05-2023 at 12:27

Asset Publisher

20/03/2018
Hera Group acquires 49% of Sangroservizi

Headquartered in Atessa (Chieti), Sangroservizi offers natural gas sales services to roughly 7,000 customers. Following the recent acquisition of Blu Ranton and prolonging the operations concluded over the last three years, Hera thus further consolidates its presence and its strong local roots in the Abruzzo region.

Slightly over a month after the acquisition of Blu Ranton, the Hera Group continues consolidating its locally rooted presence in the Abruzzo region. Through its subsidiary Hera Comm, indeed, it has purchased 49% of Sangroservizi S.r.l. from the Municipalities of Atessa, San Vito Chietino and Paglieta (all located in the Province of Chieti).

Established in 2003 and legally headquartered in Atessa, Sangroservizi is a company active in natural gas sales with roughly 7,000 customers.

This operation prolongs the series of acquisitions involving Fucino Gas, Alento Gas, Julia Servizi, Gran Sasso,Verducci Servizi and Enerpeligna, in addition to the aforementioned Blu Ranton. Thanks to them, in the last three years the Hera Group has become an outstanding operator in Abruzzo and in the adjacent Marche region, where it already provides electricity and gas services to over 240,000 customers, including its progressive integration with Hera Comm Marche.

The multi-utility thus continues to pursue its development of a model that brings together the local, physical kind of presence typical of smaller enterprises on the one hand, and on the other the potentialities for innovation in services and offers and the competitiveness that ensue from belonging to a Group that is among the main operators in Italy's energy market.

"With this operation, we have reinforced our presence in the Province of Chieti, fully respecting the process of developing our activities in the Abruzzo and Marche regions" explains Cristian Fabbri, CEO of Hera Comm. "Applying our business model, which unites local management of services for citizens and a global vision to guarantee greater opportunities and competitiveness, allows us to have an increasingly widespread and well-structured presence over the localities served. This system makes it possible for us to meet all of our customers' needs, from daily assistance to a growing request for tailor-made services, improving, day after day, their customer experience. Our new customers as well will soon be able to tangibly appreciate this improvement".

Online from 20 March 2018 at 17:13:00

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Group Director of Communication And External Relations

Giuseppe Gagliano

Director

 

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MEDIA AND PRESS CONTACT

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Telephone: +39 051 287111

HERA SPA

Viale Carlo Berti Pichat nr. 2/4 - 40127

 

Bologna

Contacts

Telephone: +39 051 287111

HERA SPA

Viale Carlo Berti Pichat nr. 2/4 - 40127

 

Bologna

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Interactive financial statements and sustainability reports
The consolidated economic results at 31 December 2023 and the 2023 sustainability report were approved by the Board of Directors of the Hera Group on 26 March 2024

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Hera SpA, Viale Carlo Berti Pichat 2/4, 40127 Bologna, Tel.051287111 www.gruppohera.it