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Announced

Completed

Ennatuurlijk completed the acquisition of ECW Geoholding from ECW Energy.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Netherlands

Domestic

heating services

Acquisition

Private

Multi-Utilities

Majority

Completed

Friendly

Single Bidder

Synopsis

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Ennatuurlijk, a heating company, completed the acquisition of ECW Geoholding, a provider of heating services, from ECW Energy, an utility company. Financial terms were not disclosed. “By taking over ECW Geoholding BV, I expect that we will be able to accelerate ECW Geoholding BV’s and Ennatural’s ambitions in the field of geothermal energy. ECW Geoholding BV has processes, systems and knowledge that Ennatural still needs to develop," Ernst Japikse, Ennatuurlijk General Manager.

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