TSG acquires HEMAG S.A, a key player in Electrical services

TSG reinforces its expertise in the field of electric mobility in Spain

TSG acquires HEMAG S.A, a key player in Electrical services

TSG, the European leader in technical services for responsible mobility solutions, is pleased to announce the acquisition of HEMAG S.A., a key player in Electrical services and engineering with over 13 mEUR turnover based in Madrid, Spain.

HEMAG has more than 40 years’ experience in the field of engineering and installation / maintenance of electrical infrastructure, offering high quality and professional solutions. With its national network of 160 engineers and technicians, HEMAG is becoming one of the top players in the installation of electric vehicles charging points in Spain.

With HEMAG acquisition, TSG reinforces its teams in the electrical field with experienced electrician experts to further accelerate its strategic transformation towards new mobility in Spain. Integrating HEMAG’s team will allow TSG to leverage on a solid and established organization and to answer every customer’s needs in design, building and maintenance of electric mobility infrastructures. Both companies will benefit from commercial synergies and from their respective network’s complementarity in Spain.

We are also pleased to announce that Eduardo Marco, current Hemag’s CEO, will take over Electrical division of TSG Iberica under which Hemag will be integrated.

After other similar acquisitions in the new mobility, HEMAG’s acquisition fully falls into TSG strategy to enable the responsible mobility transition by developing new energy for mobility, quality infrastructures and to offer a one-stop shop for innovative energy & retail solutions.

All TSG teams are pleased to warmly welcome every HEMAG colleague and wish them a lot of success being part of TSG Group.

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