TSG (TSG Ibérica) Acquires HEMAG S.A.

June 24, 2022

TSG, the European technical-services group for responsible mobility, has acquired Madrid-based electrical services and engineering firm HEMAG S.A. The deal brings HEMAG's ~160 engineers and technicians and €13m turnover into TSG's Iberian electrical division to accelerate EV charging and electrical infrastructure capabilities in Spain.

Buyers
TSG (TSG Ibérica)
Targets
HEMAG S.A.
Location
Madrid, Spain
Transaction Type
Buyout

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