Add-on Acquisition • Utilities

Groendus Acquires Het Meetbedrijf

On September 8, 2020, Groendus acquired utilities company Het Meetbedrijf

Acquisition Context

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

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M&A Deal Summary
Date	September 8, 2020
Target	Het Meetbedrijf
Sector	Utilities
Buyer(s)	Groendus
Deal Type	Add-on Acquisition

Target Company

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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Buyer Overview 1

Buyer

Groendus

Utrecht, Netherlands

Category	Company
Founded	2021
Sector	Renewable Energy
Employees	130

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 Context for Buyer	#
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	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.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2020-09-08

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.

Buy

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