Go to deals
Energy

Zonnepanelen op het Dak has been acquired by Elevion Group

Elevion Group has acquired a majority stake in Zonnepanelen op het Dak (ZOHD).

ZOHD is the leading sustainability partner for the agricultural industry in the Netherlands. Backed by Elevion Group, ZOHD is well positioned to accelerate its offering of turnkey solutions focused on generating, storing and managing renewable energy locally. ZOHD is the first acquisition of Elevion Group in the Netherlands, through which it will be able to further expand its activities in the Energy Service Companies (ESCO) field, aiming to become the leading company in the Dutch ESCO market.

The agricultural sector is important for the Dutch economy and plays a central role in attaining the 2030 and 2050 climate goals. Innovative solutions in the agricultural sector, including nitrogen harvesters, automatic stable cleaners and milking robots are significantly reducing the environmental impact and are shifting the usage of energy towards electricity. This increases the need for smart energy solutions such as PV panels, storage solutions, charging systems and smart grid applications.

Elevion Group is a group of companies with over 40 subsidiaries that offers a wide range of ESCO products and services. The company is a part of Czech Republic-based CEZ Group (PSE: CEZ), which is one of the largest utility companies in Western, Central and Eastern Europe. Apart from its primary business in the Czech Republic, Elevion Group operates mainly in Germany, Poland, Italy and Romania.

After the acquisition, the selling shareholders, Jan Aernoud van Eeken and Theo Hartgers, will remain active as directors in ZOHD to support the ongoing growth of the company.

Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholders of ZOHD. The team in Germany supported the transaction.

Parties
“We are only at the beginning of something that is going to be very big. In the future, the entire energy market will change and become completely sustainable. We see enormous opportunities and have therefore entered into this strategic partnership with Elevion Group.”

Jan Aernoud van Eeken

Founder and CEO, Zonnepanelen op het Dak

Talk to the deal team

 Adse  de Kock

Adse de Kock

Partner
Amsterdam, Netherlands
Oaklins Netherlands
Dr. Florian  von Alten

Dr. Florian von Alten

Managing Partner
Hamburg, Germany
Oaklins Germany
 Tom  Snijckers

Tom Snijckers

Partner
Amsterdam, Netherlands
Oaklins Netherlands
 Felix  Daetz

Felix Daetz

Associate
Hamburg, Germany
Oaklins Germany

Related deals

TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy
Energy

TotalEnergies and SHV Energy have sold PitPoint.LNG to ViGo Bioenergy

TotalEnergies and SHV Energy have agreed to sell PitPoint.LNG, a Netherlands-based operator of state-of-the-art LNG refueling stations, to ViGo Bioenergy, a Germany-based developer and operator of refueling stations for alternative fuels. With this strategic acquisition, ViGo Bioenergy expands its international station network for alternative fuels and strengthens its European bio-LNG position.

Learn more
JL&P has received a minority investment from Arkéa Capital and Swen Capital Partners
Private Equity | Construction & Engineering Services | Energy

JL&P has received a minority investment from Arkéa Capital and Swen Capital Partners

JL&P Group has completed a primary minority LBO with Arkéa Capital and Swen Capital Partners.

Learn more
Velocys secures $40M of growth capital
Energy

Velocys secures $40M of growth capital

Velocys has completed a fundraising with Carbon Direct Capital, Lightrock, GenZero and Kibo Invest.

Learn more