Navitas Capital acquires majority stake in Takkenkamp.

Takkenkamp and Navitas have reached agreement on their proposed transaction. Navitas Capital has acquired a majority stake in Takkenkamp Group.

The cooperation between Takkenkamp and Navitas is in line with Takkenkamp's ambition to grow further in the sustainability of real estate. The current management of Takkenkamp will stay on to continue the existing strategy and ambition.

Rick Takkenkamp (DGA Takkenkamp Group): "Since its founding, Takkenkamp Group has grown from a new construction jointing company from the Achterhoek to a nationally operating and progressive sustainability company. The changes in the energy transition have played a reinforcing role in our development. This has major consequences for both private and business customers. Our knowledge, experience and a large team of highly committed employees are an answer to the enormous demand for sustainability. With the cooperation with Navitas Capital we can operate even more powerfully and move faster. Something necessary in these times when the challenge for everyone is extremely high. Together with Navitas, we can continue to grow and further strengthen our market position."

About Takkenkamp Group

Takkenkamp Group is a specialist in insulation, restoration and facade work, and offers a comprehensive sustainability offering. Takkenkamp aims to make homes and buildings more sustainable, thereby improving the living comfort of residents. The company was founded at 1935 and has grown significantly in recent years, including through several acquisitions. The business serves clients in all regions of the Netherlands from its ten local branches. Takkenkamp's activities include facade renovation and restoration, masonry work, insulation of roofs, cavity walls and floors, aerial work platform rental and facade repair.

About Navitas Capital

Navitas Capital is the investment arm of the entrepreneurial and textile family Zeeman. Since 2006, Navitas has had an active growth focus in strongly managed companies with demonstrable growth prospects. Navitas' companies are focused on achieving stable growth together with committed management. The portfolio of Navitas Capital consists of both private and listed companies.