# Clarke Energy acquires TEB Energy Business and Genelco Power Systems

Clarke Energy acquired TEB Energy Business in Romania and Genelco Power Systems in Greece, adding 38 employees and expanding its reach to 27 countries.

- Type: Acquisition
- Announced: 2019-11-01
- Where: Boston, United States
- Jobs: 38
- Status: completed
- Products: power generation equipment, gas engines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Clarke Energy](https://endata.com/companies/21941.md)
- [Clarke Energy](https://endata.com/companies/21941.md) (acquirer)
- [TEB Energy Business](https://endata.com/companies/43064.md) (target)
- [Genelco Power Systems](https://endata.com/companies/43065.md) (target)
- [Co-Energy America](https://endata.com/companies/43429.md) (target)

## Sources

- [business-live.co.uk](https://www.business-live.co.uk/manufacturing/clarke-energy-expands-global-reach-17186563), 2019-11-01: "We aim to support and grow these businesses using our expertise in the gas engine sector and continue to deliver industry-leading levels of equipment performance."
- [clarke-energy.com](https://www.clarke-energy.com/2019/clarke-energy-acquires-co-energy-america-expanding-chp-size-range/), 2019-11-21: "This acquisition gives Clarke Energy strong footprint in the US market."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.