Renew Holdings plc Acquires Full Circle

Renew Holdings plc has acquired Full Circle Group Holding B.V. for a total cash consideration of €60.0m (£50.5m), funded from the Group’s cash resources and banking facilities. Full Circle, headquartered in Amersfoort, the Netherlands, is a specialist provider of onshore wind turbine repair, maintenance and monitoring services across Europe (c.€25.8m revenue in FY2023, c.160 technicians); the business was predominantly owned by AtlasInvest Holding prior to the sale.