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  5. Groendus Acquires CT Energy

M&A Deal Summary

Groendus Acquires CT Energy

On September 8, 2020, Groendus acquired utilities company CT Energy

Acquisition Highlights
  • This is Groendus’ 2nd transaction in the Utilities sector.
  • This is Groendus’ 5th transaction in the Netherlands.

M&A Deal Summary
Date 2020-09-08
Target CT Energy
Sector Utilities
Buyer(s) Groendus
Deal Type Add-on Acquisition

Target

CT Energy

Haarlem, Netherlands
CT Energy engages in the field of innovative energy management for corporate energy clients. CT Energy is committed to ensuring a transparent energy price setting by promoting access to the energy markets. CT Energy helps provide insight into the expected expenses and specific savings opportunities, to lower the overall energy costs for clients. CT Energy is based in Haarlem, Netherlands.

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Buyer(S) 1

Buyer

Groendus

Utrecht, Netherlands
Category Company
Founded 2021
Sector Renewable Energy
Employees130
DESCRIPTION

Groendus is an operator of a sustainable energy business that helps business customers on their way to 100% clean energy through a combination of smart savings, self-generation and direct purchase and sale of sustainable energy. Groendus was founded in 2021 and is based in Utrecht, Netherlands.

DEAL STATS #
Overall 5 of 5
Sector (Utilities) 2 of 2
Type (Add-on Acquisition) 5 of 5
Country (Netherlands) 5 of 5
Year (2020) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-08 Het Meetbedrijf

Baarn, Netherlands

Het Meetbedrijf engages in energy market business that installs, manages, and maintains smart energy meters for the corporate market. Het Meetbedrijf reads the energy meters of several thousand corporate clients daily and distinguishes itself in the market of metering companies through its flexibility, speed, and focus on data quality. Het Meetbedrijf is based in Baarn, Netherlands.

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