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RWE Aktiengesellschaft Altenessener Straße 35 45141 Essen, Germany http://www.rwe.com
Contact Mr Jan-Peter Schwartz +49 201 1215250
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RWE Aktiengesellschaft

RWE acquires German heating business from ExxonMobil

Strengthening energy services business / 70,000 new customers for local and district heating

(PresseBox) (Essen, )
RWE Energy has signed an agreement with Hamburg-based ExxonMobil Central Europe Holding GmbH to acquire ExxonMobil's local and district heating business in Germany. This also comprises a 100% stake in Favorit Unternehmens-Verwaltungs-GmbH (Favorit), which has up until now been held by ESSO Germany GmbH. Approval by the Federal Cartel Office is still pending. The sale does not affect ExxonMobil's other business areas in Germany.

Favorit operates ExxonMobil's local and district heating business in Germany. With its over 120 employees, Favorit generated total revenues of €80 million in 2007 and supplied 70,000 customers with 1,000 GWh of heat. The business focuses uq sti Unpqvw gmiyvb sa Vliaafa, Bxvpd Hfflr-Vcdmtnivyi, Cdril fxd Fjoaf-Hzzosnlqtzmy.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.