# MVM acquires ÉMÁSZ Hálózati from E.ON in Hungary

State-owned Hungarian power company MVM Energetika signed a contract to acquire ÉMÁSZ Hálózati, a unit of Germany's E.ON, which supplies electricity to 740,000 customers in Hungary. The price was not disclosed.

- Type: Acquisition
- Announced: 2021-04-23
- Where: Hungary
- Status: announced
- Products: electricity distribution
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [E.ON](https://endata.com/companies/7776.md) (partner)
- [MVM Energetika](https://endata.com/companies/54661.md) (acquirer)
- [ÉMÁSZ Hálózati](https://endata.com/companies/54662.md) (target)

## Sources

- [bbj.hu](https://bbj.hu/business/industry/deals/mvm-acquires-emasz-halozati/), 2021-04-23: "With the acquisition, MVM will ensure the operation of infrastructure for almost 1.5 million customers."

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