ABO-Group Environment integrates Eco Reest from Hoogeveen (NL)
September 19 2024 - 11:30AM
UK Regulatory
ABO-Group Environment integrates Eco Reest from Hoogeveen (NL)
Ghent, 19 September 2024, 18:30 CET, press release / regulated
information
ABO-Group Environment integrates Eco
Reest from Hoogeveen (NL)
- ABO-Group takes a 70% stake in the Dutch company Eco
Reest, specialized in ecology, soil, and asbestos. As a result,
ABO's team of environmental experts and ecologists in the
Netherlands grows from 30 to 80 employees.
- This integration strengthens ABO-Group's geographical
coverage in the Netherlands and makes it one of the largest players
in the field of ecology in the Dutch market.
Eco Reest
Eco Reest, founded in 1994, is based in
Hoogeveen and also has offices in Almere, Groningen, and Lochem. In
addition to Eco Reest, the environmental consultancy ‘Van der Poel’
and ‘Gebouwen Inspectie Nederland’ are part of the group, which
employs 50 people. In 2023, Eco Reest achieved a turnover of €4.5
million and is on track to exceed €5 million in 2024 with an
expected EBITDA margin of 13%.
Founder and director Ronny Huls: “I still
believe as strongly in the future of our core activities: ecology,
soil, and asbestos as I did 30 years ago when I founded Eco Reest,.
There is growing awareness of the importance of our environment and
nature, both politically and socially. As regulations increase, we
will also continue to grow.”
“Due to the increasing complexity of tenders and
projects, the need arose for a strong partner who can provide the
necessary impetus for future development and who also has the
expertise to service our clients with a multidisciplinary teams of
experts."
Complementary offering and geographical
distribution
Frank De Palmenaer, CEO of ABO-Group
Environment: “Eco Reest's activities are perfectly complementary to
those of our four existing subsidiaries in the Netherlands:
ecology, soil, asbestos, and geotechnical research and consultancy.
We also see great opportunities for developing the
multidisciplinary service package in the context of climate
adaptation, soil, and water consultancy services."
“Furthermore, the geographical location of the
Eco Reest offices, mainly in North and West Netherlands, aligns
perfectly with ABO’s existing offices in Central and South
Netherlands. With this integration, ABO-Group becomes one of the
top players in ecology in the Netherlands."
“Finally, as an international company, we also
look across borders. Thanks to the integration of Eco Reest,
ABO-Group is creating a strong ecology line across the three
countries in which it operates, with more than 100 ecologists in
Belgium, the Netherlands, and France. An excellent opportunity for
knowledge exchange and the dissemination of expertise within the
group."
Eco Reest will contribute to the consolidated
figures of ABO-Group Environment starting in Q4 2024.
About ABO-Group Environment
Founded in 1995, ABO-Group is an international
engineering firm specializing in all aspects of environmental and
soil issues: geotechnics (stability), ecology, and soil
remediation. ABO-Group operates through its various subsidiaries in
Belgium, France, and the Netherlands. With over 700 experts, the
group has a broad expertise to offer its clients a complete
solution for the most challenging projects: from preliminary study
and advice to monitoring during implementation and follow-up.
ABO-Group Environment is listed on EURONEXT
Brussels and EURONEXT Paris.
For a more detailed description of the group's
activities in the Netherlands, please visit the ABO-Group Nederland
website (www.abo-group.nl).
For more information
Frank De Palmenaer
CEO ABO-Group Environment nv
frank.depalmenaer@abo-group.eu
T +32 (0)496 59 88 88
- ABO-Group Environment integrates Eco Reest from Hoogeveen
(NL)
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