Oteis has acquired GreenFlex for an undisclosed amount, marking a significant expansion in the sustainable transformation sector. GreenFlex, established in 2009, has grown into a key partner for organizations undergoing energy, environmental, and societal change, helping them transition towards more sustainable economic models. The company employs over 500 professionals across 19 offices in Europe, serving 800 clients with a comprehensive multi-expertise model.
GreenFlex specializes in combining consulting, operational support, digital tools, and financing solutions to accelerate its clients' transformation journeys. Its core competencies lie in sustainable development, decarbonization, and energy efficiency, supporting both companies and regions in generating economic, environmental, and social value. Services range from designing strategic roadmaps to implementing operational projects and providing ongoing monitoring in areas such as low-carbon transition, energy performance contracts, and responsible investment strategies.
This corporate acquisition by Oteis is strategic, aiming to integrate GreenFlex's deep expertise and established client relationships. The move is expected to enhance Oteis's capabilities in delivering holistic sustainable solutions, particularly in response to increasing market demand for environmental and energy efficiency services. By bringing GreenFlex's extensive service portfolio and European presence under its umbrella, Oteis is positioned to offer a more robust and integrated suite of offerings.
The combination of Oteis and GreenFlex is anticipated to create substantial synergies, enabling the unified entity to provide enhanced support to a wider array of clients navigating complex sustainability challenges. This strategic alignment is set to drive innovation and facilitate more comprehensive project delivery, fostering long-term value creation in the evolving landscape of corporate environmental responsibility and energy transition.