Announced
Synopsis
NPM Capital, a private equity firm, agreed to acquire a 45% stake in Jeco Energies, a industrial energy solutions provider in the Benelux. Financial terms were not disclosed. ‘This partnership will further strengthen our operational clout and organic growth, including the accelerated expansion of our rental fleet, and certainly also via further external growth through acquisitions reinforcing our existing business lines. In NPM, we have found a partner with the same business values as Jeco: fostering sustainable growth and caring about our employees. It goes without saying that the expertise and technical excellence of all our Jeco colleagues play a vital role in the continued success of our organisation,’ Van Nuffel, Jeco Energies Group CEO.
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