Increased focus on growth via acquisitions and international expansion.
NPM Capital, an independent investment partner with offices in Ghent and Amsterdam, has acquired a significant minority stake in Jeco Energies, a leading industrial energy solutions provider in the Benelux.
This partnership will accelerate Jeco Energies’ growth through strategic acquisitions and international expansion, supported by NPM's expertise and capital.
Jeco Energies, established in 2022 through the merger of Gens Rental, DSG, and Dymotec, specializes in temporary and permanent industrial power solutions, including hardware rental and industrial automation. The company employs over 200 people and has doubled its revenues in the last two years.
NPM’s investment aligns with its strategy of supporting sustainable businesses. According to Hiram Claus, investment director at NPM Capital, “Jeco’s expertise in engineered power solutions and its strong market position make it a key player in a growing market driven by the electrification of industrial processes.”
Jeco’s founder, Jef van den Brande, views the partnership as a vital step in expanding the company locally and internationally. From October 1, Jan Van Nuffel, previously a non-executive director, will take on the role of Group CEO to lead the company's continued growth, alongside the existing management team.
The transaction is subject to customary regulatory approval.
