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1030965600000 | IR Press Release

EnBW sells tesion to Munich-based ARQUES Group

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Karlsruhe. The efforts of EnBW to restructure tesion Communikationsnetze Südwest GmbH & Co. KG (tesion) have been successful. tesion has been fully taken over by Arques AG in Munich with economic effect from September 1. This move ensures the continuation of continuation of business at tesion based on a future-oriented strategy.

The ARQUES Group is an investment company that specialises in the acquisition and active management of small and medium-sized industrial and telecommunications companies in Germany. In line with this business concept, the ARQUES Group led by CEO Dr. Dr. Peter Löw has acquired - and taken over the operative management of - more than 25 SMEs during the last ten years. The shareholder structure of the ARQUES Group guarantees that the financial, personnel and material resources required for continuation of the growth strategy at tesion will also be available in the future.

As a business partner, EnBW will continue to play a role in the future development of tesion.

The transfer of tesion’s business operations to the ARQUES Group will ensure that tesion’s customers will also be able to depend on a reliable telecommunications partner in the years to come.

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Corporate Communications
EnBW Energie Baden-Württemberg AG
Durlacher Allee 93
76131 Karlsruhe
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