Ancala acquired a 50% stake in Hausheld and a majority interest in Solandeo, creating the Hausheld Group to strengthen its position in Germany's rapidly growing smart metering market.

Information on the Target

The newly formed Hausheld Group, headquartered in Mönchengladbach, is positioned to meet the growing demands for smart metering solutions across Germany. By integrating the residential and commercial offerings of Solandeo, along with the municipal utilities' expertise from Hausheld AG, the group is equipped to tackle various market segments. Furthermore, the group enhances its capabilities through the advanced energy management software provided by GreenPocket and the automated market communication solutions from Mako 365.

Founded in 2017, Hausheld AG specializes in modular smart metering solutions for municipal utilities, allowing for city-wide deployments without upfront costs. The company holds certification from the German Federal Office for Information Security (BSI), reassuring stakeholders of its commitment to supporting Germany's climate neutrality goals by 2045.

Industry Overview in Germany

The smart metering industry in Germany is experiencing significant evolution, driven by a combination of regulatory mandates and technological advancements. The German government has mandated the allowance for smart meters to be impleme