Swiss-based MET Group has completed the acquisition of a 68.5% stake in Liège-based Mega Group International, following the receipt of all necessary regulatory approvals. Mega is a top-five energy and telecoms supplier in Belgium, serving close to 500,000 customers in Belgium and the Netherlands, mainly in the household segment.
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The transaction brings MET’s financial strength and supply expertise to Mega’s operations, supporting expansion into small, medium-sized and industrial business segments in the Benelux. It also reinforces MET’s retail presence and know-how to serve household customers across European markets.
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The remaining 31.5% of Mega will stay with founders and co-CEOs Michael Corhay and Thomas Coune, who will continue to lead the company. Founded in 2013, Mega supplies gas, electricity and telecoms services. (hcn)
