Energimidt - The merger between ELRO and EnergiMidt is a
reality
Denmark's fourth largest energy company is a
reality, now the relevant authorities have approved ELROs merger with
EnergiMidt. It opens up new opportunities for the customer supply in the area
of Randers.
ELRO
and EnergiMidt together in one company offers may new opportunities in near
future. After the decision of the Representative counsels in ELRO and
EnergiMidt, end of 2012, we have worked intensively to prepare this successful
merger.
Wednesday,
30 January the regulation authority as given the final commitment and thus is
the final element in the merger is achieved.
“We
are confident that our enhanced energy company, even more so than in the past, can
help to support the development both locally and in the region, and that the
new company also will provide the basis for an economical boost”, says Mads
Miltersen, director of EnergiMidt, who is together with ELROs CEO Chris
Dahlerup, the driving force in the merger process.
Optimum utilization of
synergies
The merger means that ELRO become an integral
part of EnergiMidt. All employees of ELRO, covered by sales to EnergiMidt will
continue their activities and keep their customer relationship. Network tariffs
and subscription price in ELROs area,will be adapted to EnergiMidt’s. For an
ordinary household this will mean a smal annual saving.
“There
are many similarities between the two companies; organisational, system and last
but not least culture. This supported us to finalise successfully this merger, both
for employees and customers, who we will supply with power just as usual”
declared Chris Dahlerup.
New opportunities - more
benefits
The approval also means that EnergiMidt immediately
started campaign activities in the Randers area, so customers of ELRO can apply
for the same benefits as the rest of the EnergiMidt customers. This means
potential savings of various electrical products and the offer for the installation
of fiber broadband. And this fiber is high on the wish list many of the former
ELRO customers.
“We
are already working on campaigns for the roll-out of fiber in Læsten, Sønderbæk
and Baltic Bjerregrav, as part of a new activity plan throughout the market
area”, says Mads Miltersen.
Continued lots of activity
in Randers
In future a number of EnergiMidt activities
will be based in the former ELRO headquarters in Randers. Such as; electricity
trading and different areas of renewable energy will provide lively activity in
the beautiful building. The final distribution of employees is not yet in
place, but it is certain that employees will move from Randers to Silkeborg -
and the other way.
Future energy company
The "new" energy and communications
company has big ambitions to be an active player in several markets:
“We
are now the country's fourth largest energy company in terms of sales with a
homogeneous and strong coverage in Jutland. Our markets are not just local.
They are also national and to a certain extent, international. The merger gives
us the right strategic foundation for future growth”, says Mads Miltersen.
Facts about EnergiMidt:
- EnergiMidt after the merger with ELRO Denmark's fourth largest energy company
- EnergiMidt based in Silkeborg and an annual turnover of over 3 billion DK
- EnergiMidt is a modern energy and broadband company with 230.000 customers, representing
approximately. 460.000 inhabitants, in a 7.500 km2 area of the Limfjord in the
north of Jutland to Jelling in south
- EnergiMidt dealing also with heating, electrical, electricity trading, sales of
heat pumps and solar panels and energy advice, national, and international.
- EnergiMidt currently employs 785 employees.
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