Deals

MB Zonnepanelen

Tenten Solar and MB Solar panels join forces

Conseiller has assisted Tenten Solar from Lichtenvoorde in reaching an agreement with MB Zonnepanelen B.V. in Bodegraven about a shared future. MB Zonnepanelen, a specialist in the field of solar panels systems, has joined Tenten Solar with immediate effect. The acquisition fits in seamlessly with Tenten Solar’s buy-and-build strategy and the ambition of MB Zonnepanelen to take the next step. The new group has national coverage and enables both parties to serve customers even better on the basis of knowledge, product portfolio and geography.

‘The Netherlands faces an enormous challenge to become more sustainable more quickly. The employees of Tenten Groep and MB Zonnepanelen are proud to be able to contribute to this.”, says Berry Seesing, CEO of Tenten Solar.

Knowledge, quality and reliability

Since the foundation of Tenten Solar, the company has developed into a nationally operating solar energy concern. A strong focus on knowledge, quality and reliability form the basis of this development. Berry Seesing: ‘By merging MB Zonnepanelen and Tenten Solar, we have taken a great new step in realizing our growth strategy. The enormous growth that MB Zonnepanelen has experienced in recent years is impressive. With an excellent reputation in ”Het Groene Hart” (region Rotterdam-The Hague-Amsterdam-Utrecht), the projects of MB Zonnepanelen are a welcome addition to the Tenten Group geographically. “

MB Zonnepanelen will continue to act as an independent entity under the Tenten Solar flag. In view of the good name of MB Zonnepanelen and the confidence the region has in it, Seesing considers this a logical choice. “Of course we will make maximum use of the anticipated synergy benefits, but we cherish the customer focus of both companies and the connection with the region.”

Ready for the next step

MB Zonnepanelen, founded in 2009 by Marcel de Bruijn, has developed in recent years into a strong regional player in the field of solar panel installations for private individuals and SMEs. “We have grown rapidly in recent years and have built up a good position in the market. MB Zonnepanelen was ready for a new step in order to mean more to its customers and to grow faster. The further professionalization of our organization is central to this and the knowledge and infrastructure of Tenten Solar will play an important role in this.’, says Marcel de Bruijn, who will remain as a board member and co-shareholder.

Accelerated roll-out buy & build strategy

The addition of MB Zonnepanelen fits in with Tenten Solar’s growth strategy. In addition to organic growth, Tenten Solar is focused on making acquisitions. The buy & build strategy has accelerated since investor Quadrum Capital came on board as a shareholder in 2019. Berry Seesing: ‘With its financial strength and buy & build expertise, Quadrum Capital makes an important contribution to our growth strategy as a strategic sparring partner.’ better service and in that context are open to companies that would be a good addition to the group.’