The shareholders of Energy Solutions Ltd have today signed an agreement to sell the entire share capital to Solteq Plc. Enerity Solutions’ business will continue uninterrupted, and the acquisition will not affect existing customer projects or contracts. Contacts, billing information, systems, delivery and support services will remain unchanged. Enerity Solutions Ltd will be merged into Solteq Plc during the first half of 2022.
The digital transformation, consolidation and internationalization of the industry will inevitably affect the structures of the specialist companies serving the industry. For Enerity Solutions’ customers, the acquisition will result in an even wider portfolio of software solutions and more resources for product development, customer projects and support.
“Enerity Solutions Ltd is the market leader in solutions for electricity sales pricing and strategic planning of electricity network business. Together with Solteq, we can offer our clients even more comprehensive solutions and resources for projects and product development. We look forward to being part of Solteq’s successful and internationalizing Utilities business,” says Enerity Solutions CEO Jarmo Roiha.
A vast portfolio and enchanced industry-specific expertise
The utilities sector is one of Solteq’s key growth drivers in the Nordic market. Solteq’s Utilities business area provides core business systems and expert services for the energy sector. Thanks to the long-term investment in Solteq Utilities software solutions and expert services, Enerity Solutions’ customers will continue to be in good hands.
“The acquisition is part of Solteq Utilities’ growth strategy. Enerity Solutions’ software products and expertise in the changing electricity market will strengthen our position and promote our internationalization. The increasingly versatile offering creates added value for our customers and our growing team of experts,” says CEO of Solteq Plc Olli Väätäinen.
Managing Director, Enerity Solutions Oy
Tel: +358 400 245 043
VP, Solteq Utilities
Tel. +358 40 504 8015
Senior Business Director, Solteq Utilities Consulting
Tel. +358 400 542 842
Solteq in brief
Solteq is a provider of IT services and software solutions specializing in the digitalization of business and industry-specific software. The key sectors in which the company has long-term experience are retail, manufacturing, utilities, and services. The company employs over 650 professionals with offices in Finland, Sweden, Norway, Denmark, Poland and the UK, with a customer base throughout Europe.