DAH Group

Successful sale to Australian infrastructure fund igneo Infrastructure Partners

Renewable Energies: DZ BANK successfully implements energy provider deal with global interest

DZ BANK Corporate Finance advised Zech Group SE and Gustav Zech Stiftung on the sale of 100% of the shares in DAH Gruppe to the infrastructure fund igneo Infrastructure Partners.

The owners Zech Group SE and the Gustav Zech Stiftung sell 100% of the shares in DAH Gruppe to igneo Infrastructure Partners.

DAH Gruppe is one of the key players in sustainable energy supply in Germany. It operates 21 biogas plants nationwide, producing biomethane, electricity and heat. It also develops photovoltaic plants and manages around 20,000 hectares of agricultural land in the eastern German states.

The Infrastructure fund igneo Infrastructure Partners (UK), part of the First Sentier Investors Group, acquired 100% of the shares from Zech Group SE and the Gustav Zech Stiftung. The team's focus is on ESG and proactive asset management to create long-term sustainable value. Igneo manages USD 17.8 billion in assets (as of March 31, 2023) on behalf of more than 200 institutional investors worldwide.

DZ BANK Corporate Finance / M&A organized and accompanied the complete transaction process as exclusive M&A advisor of Zech Group SE and the Gustav Zech Stiftung.

On behalf of DZ BANK, Dietmar Kohl, Sebastian Braun, Torben Nowak and Nico Bonaldo were responsible for the transaction.

Dietmar Kohl, DZ BANK

"With the acquisition of the DAH Gruppe, igeno Infrastructure Partners acquires a national pioneer in renewable energy. We are very pleased that this is our first transaction in the biogas/biomethane segment and, in terms of transaction volume, the largest mandate we have advised on in CFI to date."

Sebastian Braun, DZ BANK

"After intensive market screening and approaching more than 100 potential investors worldwide, we were able to find an ideal partner in the Australian infrastructure fund Igneo Infrastructure Partners, which will ensure the future growth of the DAH Gruppe."

Further transactions