THEOLIA today announces the disposal of SERES Environnement, one of the key players in the field of designing and manufacturing instruments to measure and analyze air and water quality.
This disposal is part of THEOLIA's strategy to withdraw from its non-wind activities.
After a restructuring initiated in 2010 in order to cope with a loss-making activity, SERES Environnement managed to significantly recover. The company is now ready to speed up its development.
Currently active in 80 countries, SERES Environnement aims to enhance its international footprint thanks to its expert teams and favorable regulations in the markets where it operates, notably emerging countries.
Terms of the deal are not public.
THEOLIA is an independent producer of wind energy, active over the entire wind value chain. The Group develops, builds and operates wind farms in four countries: Germany, France, Morocco and Italy. In total, the Group operates 1,221 MW for its own account and for third parties.
Communications & Investor Relations
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French Société anonyme (public limited company with Board of Directors) with a share capital of ¤90,852,806.80
Registered office: 75 rue Denis Papin - BP 80199 - 13795 Aix-en-Provence Cedex 3 - France
Tel: +33 (0)4 42 904 904 - Fax: +33 (0)4 42 904 905 - www.theolia.com
THEOLIA is listed on the compartment C of NYSE Euronext Paris, code: TEO
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