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New Deal


Announced

Completed

AFRY completed the acquisition of BLIX Consultancy.

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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Majority

Environmental Consulting

Single Bidder

Private

Friendly

power plant

Completed

Cross Border

Netherlands

Acquisition

Synopsis

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AFRY, a supplier of engineering, design, and advisory services, completed the acquisition of BLIX Consultancy, an independent consultancy firm specialising in renewable energy solutions. Financial terms were not disclosed. "Becoming part of AFRY gives us the leverage to stay at the forefront of the energy transition in the fast-growing global renewable energy market. We are delighted to drive and expand AFRY’s presence in the Netherlands, the Baltics and other thriving countries in Eastern Asia. We are looking forward to entering new markets together and offering our longstanding expertise in offshore and onshore wind, offshore grids, system integration and nature inclusive design," Albert van der Hem & Maarten Timmerman, BLIX Consultancy Directors & Founders.

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