Interview with Martin Meyer, CFO of AMAG Group

In September 2022, AMAG (AMAG) acquired the Helion division of Bouygues E&S InTec Schweiz AG, which specializes in photovoltaics, heat pumps and electric mobility.

Author
Christian Hirzel
Date
29/11/2023

On September 13, 2022, the AMAG Group announced the acquisition of the Helion division specialized in solar/PV, heat pumps and e-mobility from Bouygues E&S InTec Schweiz AG. With the takeover of Helion, Switzerland's largest automotive importer is gaining access to new areas of business, significantly expanding its own range of services in the area of electric mobility. In the future, customers will be able to offer comprehensive complete solutions from a single source, which, in addition to the actual electric vehicle, also include advice, planning, installation and maintenance of photovoltaic systems, energy storage solutions and charging stations.

Support from IFBC

IFBC assisted AMAG as a financial advisor on this pioneering transaction throughout the purchase process. IFBC was responsible, among other things, for the evaluation, carried out the financial due diligence and, as a financial advisor, assisted in contract and purchase price negotiations.

About AMAG Group

As the largest Swiss automotive importer, AMAG operates a nationwide sales and garage network for high-quality cars from the brands Audi, Seat, Skoda, Cupra and VW as well as Bentley and Porsche. The AMAG Group also offers its customers a wide range of complementary services relating to the mobility of today and tomorrow. The AMAG Group has a clear climate strategy. As a company, it wants to become climate-neutral by 2025 and also has the ambition to achieve a climate-neutral footprint in accordance with Net Zero by 2040. AMAG is committed to the 1.5 degree target of the Paris Climate Protection Agreement and to the science-based targets.

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