Fundz

E.ON to acquire OVO Energy in major deal

PUBLIC · EONGYMay 11, 2026

Acquiring Company

E.ON SE

Acquired Company

Ovo Energy

EssenLondonEnergyOil And GasRenewable EnergyBiomass EnergyManufacturingEnergyRenewable Energy

Description

E.ON Group announced its plan to acquire UK energy supplier OVO Energy in a significant investment aimed at enhancing consumer energy flexibility. The deal will allow the combined entity to serve approximately 9.6 million customers and is expected to be completed in the second half of 2026, pending regulatory approval. E.ON believes this acquisition will strengthen its core retail business and further its commitment to a sustainable energy future.

Quick answer

E.ON SE is acquiring Ovo Energy, announced May 11, 2026. E.ON SE is based in Essen, North Rhine Westphalia, Germany.

How much did E.ON SE pay for Ovo Energy?
The deal value was not disclosed.
What does E.ON SE do?
E.ON SE is a leading energy company focused on providing innovative energy solutions and services.
Where are E.ON SE and Ovo Energy based?
E.ON SE is based in Essen, North Rhine Westphalia, Germany. Ovo Energy is based in London, England, United Kingdom.
Who are the decision-makers at E.ON SE?
Fundz holds 1 contact at E.ON SE. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Energy and Oil And Gas

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at E.ON SE, and when

When E.ON SE changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day E.ON SE raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at E.ON SE, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at E.ON SE. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

E.ON SE

Location

Essen, North Rhine Westphalia, Germany

About

E.ON SE is a leading energy company focused on providing innovative energy solutions and services. The company operates in various energy markets across Europe, serving millions of customers with a commitment to sustainability and digitalization. E.ON is dedicated to facilitating the energy transition and meeting the needs of its customers through flexibility and smart energy solutions.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment E.ON SE makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Thomas
Senior decision-maker at this company
••••••••@••••••••

See Thomas's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for E.ON SE's next move

Learn about Strategic plan

Frequently asked

Who acquired Ovo Energy?

Ovo Energy was acquired by E.ON SE, based in Essen. The deal was reported on May 11, 2026. E.ON SE is a leading energy company focused on providing innovative energy solutions and services. E.ON SE is publicly traded (EONGY) and operates in Energy.

When did E.ON SE acquire Ovo Energy?

E.ON SE's acquisition of Ovo Energy was reported on May 11, 2026. E.ON Group announced its plan to acquire UK energy supplier OVO Energy in a significant investment aimed at enhancing consumer energy flexibility. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ovo Energy do?

Ovo Energy is a British energy supplier known for its commitment to providing superior service to its customers. It has rapidly grown to become one of the leading energy companies in the UK since its establishment in 2009. It is privately held, operating in Manufacturing, and is based in London.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.