Stek has advised EUTO Energy on the sale to Siemens Energy
EUTO is a technology company specialising in energy automation and smart grids. The company develops and sells innovative hardware and software products for the security, metering, control, automation and communication of energy networks, and also provides engineering and consultancy services in the fields of electricity distribution, transmission and optimisation of energy use.
With this acquisition, Siemens Energy is strengthening its position in the field of energy automation and the energy transition, and is committing to the further development of the EUTO Energy product portfolio in collaboration with the founders.
