JBR M&A transaction
Ziut - SPIE Netherlands
JBR acted as M&A advisor to Ziut.
JBR Corporate Finance's deal team consists of:
Ronald van Rijn and Rocher Hulst.
Acquisition of Ziut by SPIE Netherlands completed
On September 8, 2017, SPIE Netherlands acquired 100% of the issued shares of Ziut. Ziut operates in the public space lighting market, providing traffic control, camera surveillance and Smart City development together with managers, contractors and other clients.
JBR acted as M&A advisor to Ziut's shareholders.
Facts and figures
Ziut
- Ziut is a leading Dutch company providing integrated technical services for public spaces.
- With annual revenues of €114 million, it focuses on the installation, management and maintenance of public lighting, mobility and smart city solutions.
- Ziut is affiliated with Dutch distribution system operators Alliander and Enexis.
Spie Netherlands
- SPIE Netherlands is a subsidiary of the SPIE Group, the independent European leader in multi-technical services in energy and communications.
- SPIE Netherlands offers advice and technical solutions in the design, construction and maintenance of network systems, energy facilities, infrastructure, industrial installations and building installations.
Sept. 8, 2017
Press Release
On September 8, 2017, SPIE Netherlands acquired 100% of the issued shares of Ziut.
Ziut operates in the public space lighting market, providing traffic control, camera surveillance and Smart City development in partnership with operators, contractors and other clients.
JBR acted as M&A advisor to the shareholders of Ziut
In July, all parties reached an outline agreement. Coordination with employee participation, unions and the Consumer and Market Authority led to a final agreement. Ziut will continue to exist in its current form. This means that all Ziut employees will remain employed and the current terms of employment and collective bargaining agreements will remain in force.
As the Dutch market leader in opneable lighting, Ziut has a good basis for equipping cities with innovative and intelligent solutions, which fits well with one of the areas of expertise within SPIE's Smart city market segment.
Contact the deal team personally
Ronald van Rijn
Managing Partner JBR
Rocher Hulst
Principal