Green & Durable Energy has acquired a majority stake in Agro-NRG
Green & Durable Energy (G&D Energy) has acquired a majority stake in Agro-NRG, the Dutch local market leader specialized in the installation and value-added wholesale of PV solutions. With the investment, G&D Energy and Agro-NRG will be able to further grow and expand their renewable energy solutions.
Agro-NRG focuses on the installation of roof-mounted PV systems in the non-residential market and B2B value-added wholesale activities of PV systems, components and complete solutions. Agro-NRG has its roots in the agricultural sector, but it currently services a much broader range of SME clients. It has a particularly strong presence in the east of the Netherlands but is active throughout the Netherlands.
G&D Energy offers sustainable total solutions for green energy projects, both for private individuals and businesses. This includes solar panels, batteries for energy storage and charging stations for electric vehicles. The company is part of Belgium-based Hasco Invest, which is a family-based, independent, private holding firm that helps its participants to grow and has a long-term vision and a high level of involvement with the companies in which it participates. Hasco Invest is also a shareholder of sustainable energy consultant Encon and PV systems and e-charging wholesaler GPC Europe.
By joining forces, G&D Energy and Agro-NRG will be able to accelerate and broaden their renewable energy solutions. The selling shareholder, Robert ter Horst, will remain active in Agro-NRG after the acquisition to support the ongoing growth of the company.
Oaklins’ team in the Netherlands acted as the exclusive sell-side advisor to the shareholders of Agro-NRG. The team in Belgium supported the transaction.
Robert ter Horst
Shareholder, Agro-NRG
Talk to the deal team
Joris Gijsbers
Oaklins Netherlands
Related deals
TEAM Safety Services Limited has been acquired by Vadella Group
TEAM Safety Services Limited, a leading UK-based health, safety and fire safety consultancy, has been acquired by Vadella Group, a specialist provider of inspection-led compliance services for the built environment.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn moreBrand Group has acquired The Natoon Group
The Natoon Group has been acquired by Brand Group. This acquisition represents a significant strategic move that will help establish new, robust and stable growth channels. The transaction is intended to expand Brand Group’s revenues through service companies with recurring and predictable income streams supported by long-term contracts. As part of the agreement, Natoon’s senior management will continue to lead the company’s growth.
Learn more