Announced
Completed
Financials
Tags
Netherlands
Domestic
heating services
Acquisition
Private
Multi-Utilities
Majority
Completed
Friendly
Single Bidder
Synopsis
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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