Egeria sells Dynniq Energy to Heijmans

Transaction summary

MOORDRECHT, 13 May 2022 –  Heijmans has acquired Dynniq Energy, thereby strengthening its position as an integrated player in the market for the construction and maintenance of energy-related infrastructure. Dynniq Energy is a specialist in the design, construction and upgradation of high, medium and low-voltage power stations for grid managers and household energy connections.

Energy infrastructure is one of the strategic growth pillars of Heijmans. The acquisition of Dynniq Energy – including approximately 100 employees and annual revenue of more than € 30 million – is a logical step in Heijmans’ strategy of accelerated growth in this market. The acquisition is still subject to approval by the Dutch Consumers and Markets Authority (ACM). As soon as approval is obtained, the acquisition will be effective. Each Works Council has already given their respective approval for the agreement. Financial details of the transaction are not disclosed.

Official press release: Egeria, Heijmans

Emendo Capital acted as financial adviser to Egeria.

About Dynniq Energy

With its head office in Moordrecht, Dynniq Energy focuses on improving energy supply. This includes both the distribution of cables and pipelines to districts and households as well as the engineering and construction of stations for high-voltage networks.

For additional information on Dynniq Energy, visit https://dynniq-energy.com/

About Egeria

Egeria is an independent pan-European investment company founded in 1997, which focuses on medium-sized companies. Egeria invests in healthy companies with growth potential. Egeria employs over 70 people directly in four locations, has ~€ 2bn assets under management and its portfolio has an annual turnover of around € 2bn. Egeria believes in building businesses jointly with entrepreneurial management teams (Boldly Building Together).

For additional information on Egeria, visit https://egeriagroup.com/

About Heijmans

Heijmans is a stock exchange-listed company that combines activities in property development, building & technology and infrastructure. In 2021, Heijmans generated more than € 1.7bn in revenues and employed over 4,700 employees.

For additional information on Heijmans, visit https://www.heijmans.nl/nl/