Announced
Completed
Financials
Tags
Single Bidder
Domestic
Private
Majority
Friendly
Netherlands
voltage distribution
Alternative Electricity
Acquisition
Completed
Synopsis
Van Gelder Group, a company which offers infrastructure technology, completed the acquisition of a 51% stake in SAB Electro, a specialist in voltage distribution. Financial terms were not disclosed. “We have been working with Van Gelder for years. We both have the same goal in mind; taking care of the Dutch electricity grid. I am pleased that we are combining our knowledge and strengths so that we can strengthen each other and make a fantastic contribution to the energy transition," Ugur Saban, SAB Group Owner.
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