AMAG acquires solar specialist Helion

Cham ZG/Zug , September 2022

AMAG takes over the Helion division of Bouygues Energies & Services. With the takeover of the division specializing in photovoltaics, heat pumps and e-mobility, the AMAG Group intends to expand its services in the area of e-mobility.

AMAG , based in Cham, is acquiring the Helion division of the Zug-based company Bouygues Energies & Services . The car dealership reached a contractual agreement on this with the provider of building and energy supply technology on September 2, according to a media release .

Accordingly, the purchase should be completed by the beginning of November. The Helion division, which specializes in photovoltaics, heat pumps and e-mobility, is to be fully integrated into the newly founded AMAG Energy & Mobility business unit of AMAG Group AG as an independent stock corporation. AMAG will take on all of Helion's employees as part of a business takeover.

The AMAG Group specializes in the import and sale of Volkswagen, Audi, SEAT, Skoda, Cupra and VW Commercial Vehicles vehicles. In the future, she would like to “develop into the leading provider of sustainable individual mobility”. In the field of electromobility, the company wants to use the takeover of the solar specialist to offer its customers new services and to produce the electricity itself to operate the electric vehicles it sells.

"Helion makes it possible to offer our private customers complete solutions for everything to do with electromobility via our trading and service partner network," Helmut Ruhl, CEO of the AMAG Group, is quoted in the media release.

The newly founded AMAG Energy & Mobility division is headed by Martin Everts. He was previously Head of Corporate Development at AMAG and is a proven energy expert. According to the information, Helion will continue to be managed by the previous management team around the two founders Noah Heynen and Samuel Beer.

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