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INVESTMENTS, DIVESTMENTS AND M&A

Agea SpA

Through merger in July 2004, Hera SpA integrated the business of Agea SpA and the management branch of Acosea. The approved project followed the acquisition of the first 42% of Agea S.p.A. in October 2003, following a public tender, and the increase of said shareholding to 49%, for a total expenditure of € 55 million.

The integration of Agea and the Management branch of Acosea into Hera led to the creation of a specific Società Operativa Territoriale (Area Company), Hera Ferrara, with evident enrichment of competencies in the area of geothermal and district heating.

 

Page updated 18 July 2013

 
 
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