The Service of the Commission for the Protection of Competition has received a notification of a concentration concerning the acquisition of the Hellenic Energy Branch of Siemens S.A. Electrotechnical Projects and Products by Siemens Energy AG, through Siemens Gas and Power Holding B.V. and Siemens Energy Single Member Société Anonyme.
Siemens Energy AG is a company duly registered under the laws of the Federal Republic of Germany. Siemens Energy Group is active in the field of energy technology and infrastructure. Specifically, it develops, manufactures, and supplies products, solutions and services throughout the energy value chain.
The Hellenic Energy Branch of Siemens S.A. Electrotechnical Projects and Products is active in the sale, installation and supply of products, systems, and solutions, in the fields of power generation, power transmission and the oil and gas industry, as well as the provision of related services, including certain support functions (especially management, service and corporate development).
Siemens Energy Single Member Société Anonyme, is a company established to acquire the Hellenic Energy Branch of Siemens S.A. Electrotechnical Projects and Products. It is a subsidiary of Siemens Gas and Power Holding B.V.
Siemens Gas and Power Holding B.V., owns the domestic businesses in each territory that the Energy Branch of Siemens ΑG operates. Siemens Gas and Power Holding B.V. It is a subsidiary of Siemens Energy AG.
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