Nordic Climate Group has acquired Ten Have Installatie B.V., a Netherlands-based company focused on energy-efficient cooling and heating solutions. The deal expands Nordic Climate Group’s presence in the central Netherlands and adds technical expertise to its operations in the region.
Founded in 2002, Ten Have serves customers in the commercial segment, including the automotive, retail and real estate industries. According to the source, the company has built its business around quality, sustainable installations and long-term customer relationships.
The company will continue to operate with local leadership after the acquisition. Frank ten Have and Denise ten Have will remain responsible for the day-to-day management of Ten Have.
“Ten Have is a well-run company with solid technical capabilities and a strong position in its market. It complements our existing operations in the Netherlands and adds further expertise to the organisation. The company will continue to operate as it does today, with local leadership and close customer relationships, while benefiting from being part of a larger group,” said Erik Snijder, CEO of Nordic Climate Group Netherlands.
Following the acquisition, Nordic Climate Group’s operations in the Netherlands comprise 14 companies with combined annual revenues of approximately EUR 100 million [about USD 109 million].