Swiss-based integrated energy company MET Group has signed a Share Purchase Agreement (SPA) to acquire the remaining minority stake in MET Slovakia a.s. Upon completion of all closing conditions, MET Group will become the 100% owner of the Slovakian energy sales company.
To date, MET Group holds 51.07% of MET Slovakia a.s. through MET Sales and Trading Holding AG (STS). The minority buyout represents a strategic step, enabling full integration of the Slovakian subsidiary into MET’s Central European operations.
The transaction also underlines MET Group’s ongoing commitment to the region and its goal to streamline operations, drive synergies, and enhance value creation across its Central European energy portfolio.
“This buyout has been a long-standing strategic goal for MET,” said Gergely Szabó, Regional Chairman, MET Central Europe. “We do believe that full ownership will deliver great strategic and operational benefits in the long term. We want to further strengthen MET Slovakia’s positioning in both the wholesale and end-customer energy markets.”
MET Group
MET Group is an integrated European energy company, headquartered in Switzerland, with activities and assets in natural gas and power markets. MET is present in 21 countries through subsidiaries, 32 national gas markets, and 44 international trading hubs. The company's 1,350+ employees represent close to 60 nationalities. MET has extensive experience operating green (renewable) and flexible (conventional and non-conventional) energy assets, thus providing the widest possible support to energy transition. In 2024, MET Group’s consolidated sales revenue amounted to EUR 17.9 billion, with a total traded volume of natural gas amounting to 140 BCM and total traded electricity of 76 TWh.