EDF to Acquire German Energy Trading Firm E2M, an Industrial Info Market Brief

French investment company EDF Pulse Croissance Holding, a unit of French energy giant EDF, is in the process of acquiring E2M (Energy 2 Market), a German direct energy marketing company. Upon the acquisition, the new unit will be named EDF Local Energy Management (EDF-LEM), which will then control E2M and its energy-related subsidiaries. EDF's objective with this takeover is to become a major player in the German market for direct marketing and energy flexibility.