Renewa has acquired French service company Sotherma
On February 28, 2013, Renewa acquired the entire share capital of a French company Sotherma SAS that specializes in boiler and power plant service. The sellers were Anthony and Muriel Germany. Anthony Germany will continue in Renewa’s employ and will be responsible for Renewa’s service business in France.
“Sotherma is an experienced boiler service company and Renewa a well-known bioenergy power plant provider in France. By joining our forces, we can better meet our clients’ requirements, especially in case of larger maintenance work. With the help of Renewa’s production capacity, Sotherma can now provide for example larger boiler repairs and modifications on a turnkey basis,” tells Sotherma’s Managing Director Anthony Germany.
Sotherma will be formed into Renewa SAS by integrating the current operations into Renewa’s service business during 2013. The service business supports Renewa’s sales of new boilers and plant deliveries in France, as well as provides local support to the plants already in operation in France, both during the warranty period and afterwards.
“Local service business provides excellent support for our sales of new boilers and our plant deliveries. Thus, our services cover the entire life cycle of a boiler plant. Meeting clients’ needs is vitally important for us, because our solutions are tailored for local needs and conditions,” says Renewa SAS’s Managing Director Tuomas Timonen.
The merger allows Sotherma to provide its clients with larger and more extensive service projects in accordance with the service business model Renewa uses in Finland. In addition to maintenance, Renewa offers its clients power upgrades, efficiency improvements and life extension services on a turnkey basis.
Founded in 1978, Sotherma has a wide customer base in waste incineration plants, power plants and industrial enterprises in Greater Paris area. Sotherma employs 18 people and it has offices both in Villiers-sur-Marne in south-eastern Paris and in Lyon. Sotherma is a respected service company in France also among Renewa’s clients.
“We have already delivered to France three bioenergy boiler plants based on bubbling fluidized bed (BFB) combustion technology, and the fourth plant is in the planning stage. We are investing in service business in France to provide our clients with local boiler and power plant maintenance related services throughout their plant’s life cycle,” tells pleased Matti Tulkki, member of the Board of Directors, Renewa SAS.
More information:
Managing Director Tuomas Timonen, Renewa Oy
Tel: +358 50 386 0448, e-mail: tuomas.timonen@renewa.fi
Member of Renewa SAS’s Board of Directors Matti Tulkki
Tel: +33 608278260, e-mail: matti.tulkki@renewa.fr
Renewa Oy is a growing and internationally expanding expert in local bio-energy and heat and power plant technology. The company delivers customized boiler plants, as well as maintenance and life-cycle services for environmentally friendly local energy production. Renewa's advanced boiler technology is based on the use of local biomass and waste-derived fuels. Renewa has cultivated its expertise in technology and strong project management in Finland for decades. The company employs about 110 professionals of the energy industry in Finland and in France. Its turnover in 2012 was EUR 31 million. Approximately 40 % of revenue comes from exports to France and the Baltic countries. Renewa has offices in Vantaa, Tampere, Oulu and Lapua, Finland as well as in Paris and Lyon, France.
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