Add-on Acquisition • Energy Services and Equipment

Blue Phoenix Group Acquires REKO

On September 3, 2024, Blue Phoenix Group acquired energy services and equipment company REKO

Acquisition Context
  • This is Blue Phoenix Group’s 1st transaction in the Energy Services and Equipment sector.
  • This is Blue Phoenix Group’s 1st transaction in the Netherlands.

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M&A Deal Summary

Date September 3, 2024
Target REKO
Sector Energy Services and Equipment
Buyer(s) Blue Phoenix Group
Deal Type Add-on Acquisition
Advisor(s) Westeinde Business Builders (Financial)

Target Company

REKO

Rotterdam, Netherlands
REKO offers the production of reusable raw materials for the asphalt and concrete industry. It operates a large mineral processing facility located near Rotterdam in the Netherlands, featuring three primary activities: a crusher for the production of granulates, two thermal treatment plants for cleaning tar-containing asphalt, and two plants for generating electricity from residual heat. REKO is based in Rotterdam, Netherlands.
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Buyer Overview 1

Buyer

Blue Phoenix Group

Rotterdam, Netherlands

Category Company
Founded 2008
Sector Renewable Energy
DESCRIPTION

Blue Phoenix Group provides integrated sustainable solutions to the energy-from-waste (“EfW”) sector for the treatment and recycling of bottom ash that remains after waste incineration. The company is recognized as a critical infrastructure in the waste value chain by diverting the EfWs’ waste products from landfill and recycling it into usable products. Blue Phoenix Group was founded in 2008 and is based in Rotterdam, Netherlands.


Deal Context for Buyer #
Overall 4 of 4
Sector: Energy Services and Equipment 1 of 1
Type: Add-on Acquisition 4 of 4
Country: Netherlands 1 of 1
Year: 2024 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-09 RGS Nordic

København, Denmark

RGS Nordic is a provider of treatment and recycling of soil and construction and demolition (“C&D”) waste services. RGS Nordic is based in København, Denmark.

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