ČEZ ESCO has acquired a 100% stake in TECHSYS, enhancing its capabilities in energy management and flexible aggregation technologies.

Information on the Target

ČEZ ESCO, a leading company in modern energy-saving solutions, has executed its strategy by acquiring 100% of TECHSYS, a manufacturer of control and monitoring hardware and software. This acquisition aims to enhance ČEZ ESCO's expertise in monitoring, control, and information systems across energy, industry, transport, and telecommunications sectors. TECHSYS specializes in flexible aggregation, which involves the smart management of multiple energy sources concurrently to improve production and consumption optimization while ensuring energy network stability.

Founded in 1991, TECHSYS operates primarily in the energy and industrial sectors, with offices in Prague, Brno, and České Budějovice. The company employs around 30 technology professionals and reports an annual turnover of approximately 100 million CZK. Following the acquisition, members from TECHSYS's current board will continue to manage the company, ensuring a smooth transition and the retention of key operational knowledge.

Industry Overview in the Target’s Specific Country

The Czech Republic's energy industry is undergoing significant transformation, fueled by global trends toward renewable sources and sustainability. The integration of modern energy technologies and the push