M&A Deal Summary

Groendus Acquires Greenspread

On February 20, 2020, Groendus acquired renewable energy company Greenspread

Acquisition Highlights
  • This is Groendus’ 3rd transaction in the Renewable Energy sector.
  • This is Groendus’ 3rd transaction in the Netherlands.

M&A Deal Summary

Date 2020-02-20
Target Greenspread
Sector Renewable Energy
Buyer(s) Groendus
Deal Type Add-on Acquisition

Target

Greenspread

Woudenberg, Netherlands
Greenspread develops and operates sustainable energy projects and is one of the most well-known sustainable energy advisers in the Netherlands. It takes on the entire process for all forms of sustainable energy (e.g. solar PV, renewable heat, charging points, storage, and hydrogen), from technical feasibility, to design, financing, preparation, installation, and management. Greenspread was founded in 2010 and is based in Woudenberg, 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 3 of 5
Sector: Renewable Energy M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 5
Country: Netherlands M&A 3 of 5
Year: 2020 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-20 Solaris Industria

Utrecht, Netherlands

Solaris Industria operates large-scale solar PV installations, particularly on commercial roofs in the Netherlands. Via a business model that concentrates on partnerships, Solaris has currently developed around 30 MWp in projects, divided across more than 50 locations. Solaris Industria is based in Utrecht, Netherlands.

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FOLLOWING 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.

Buy -