Zonnepanelen op het Dak has been acquired by Elevion Group
August 2021 — 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.
Our role in the transaction
Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholders of ZOHD. The team in Germany supported the transaction.
Jan Aernoud van Eeken
Founder and CEO, Zonnepanelen op het Dak
Talk to the deal team
Related deals
Empresa Eléctrica Cochrane has completed a corporate restructuring and liability management process
AES Andes S.A. has completed a corporate restructuring and liability management process that included the acquisition of Toesca’s indirect interest in Empresa Eléctrica Cochrane S.p.A. (Cochrane); the prepayment of Cochrane AES’s 5.50% 2027 international bond; the exchange of Cochrane’s BCOCH-A local bonds for new international bonds issued in Rule 144A/Regulation S format for US$485 million; and the merger between Cochrane and AES Andes.
Learn morePresight Solutions has been acquired by Banyan Software
Banyan Software, a leading acquiror and operator of mission-critical software businesses, has entered Norway with the acquisition of Presight Solutions AS, a SaaS company delivering advanced software for safety, operational integrity and regulatory compliance in high-risk industries. The transaction marks a new chapter for Presight, strengthening its ability to scale while preserving the product focus, sector expertise and customer trust built since its founding in 2003.
Learn moreStrawberry Equities has sold Ecohz to Caely Renewables
Ecohz, a global renewable energy company, has been acquired by environmental commodity trading house Caely Renewables from Strawberry Equities. The transaction marks an important new chapter for Ecohz and brings together two organizations with complementary strengths, aligned in their commitment to accelerating the global energy transition.
Learn more