Renew Holdings plc Acquires Full Circle
October 7, 2024
Renew Holdings plc has acquired Full Circle Group Holding B.V. for a total cash consideration of €60.0m (£50.5m), funded from the Group’s cash resources and banking facilities. Full Circle, headquartered in Amersfoort, the Netherlands, is a specialist provider of onshore wind turbine repair, maintenance and monitoring services across Europe (c.€25.8m revenue in FY2023, c.160 technicians); the business was predominantly owned by AtlasInvest Holding prior to the sale.
- Buyers
- Renew Holdings plc
- Targets
- Full Circle Group Holding B.V.
- Sellers
- AtlasInvest Holding
- Industry
- Renewable Energy
- Location
- Utrecht, Netherlands
- Transaction Type
- Buyout
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