Tenié und Gores

Tenié und Gores

Tenié and Gores (TuG) is a leading independent measurement and energy service provider for metering and billing of water and heating for the housing industry. From its locations in Wesel (North Rhine-Westphalia) and Schwarzenberg (Saxony), TuG serves more than 10,000 customers with over 90,000 usage units and more than 500,000 devices. The company mainly operates in the regions of Düsseldorf, Duisburg, Dessau-Rosslau, Dresden and Chemnitz.

Sector

Services

Transaction type

Succession policy

Countries

Germany

Fund

EMERAM Private Equity Fund I

Acquired in

2020

Registered office

Wesel (Germany)

Business Development

EMERAM intends to develop TuG on the basis of the strong customer orientation and first-class service quality already in place. The digitalisation of systems and processes as well as new services will accelerate the transformation of the industry towards radio-based measuring services and further improve service quality. In addition, EMERAM intends to use the available expertise and its own capital strength to implement an active consolidation strategy and to open up further regions for TuG with new partners.