Mentha Capital expands in occupational health and safety services through its acquisition of ENRGY
Investor Mentha Capital has acquired the shares of ENRGY in Business Group. At the start of 2020, Mentha established its position in the market with a majority stake in paraDIGMA Groep. Both companies, operating in the field of absenteeism and sustainable employability, will continue to operate under their own brand name, services, organisation and locations. The transaction is subject to the approval of the Dutch Healthcare Authority (NZa).
ENRGY is a fast-growing health and safety service, and with 200 professionals, helps its clients as a strategic and executive partner in structurally reducing absenteeism. In its services, ENRGY places a strong emphasis on the variables that determine sustainable work ability, summarised in The House of Work Ability. The founders and directors Marcel Houtman, Hidde Froentjes and Martijn ten Bokum will remain actively operationally involved and become co-shareholders in the Group Holding over ENRGY and paraDIGMA.
Marcel Houtman, ENRGY: “We are very pleased to have taken this step. Mentha can properly support us in continuing our growth and innovation ambitions, while our strong culture and vision is maintained. This enables us to build on our ultimate dream to allow the entire working Netherlands to take control of work capacity, with reduced absenteeism and increased job satisfaction as the goal. We believe that with the attractive propositions, knowledge and expertise of both companies, we are creating a powerhouse of innovation, in order to be able to respond to the rapidly changing market and to enhance the service we provide to our customers and clients.”
paraDIGMA Groep is a distinctive group of companies operating in the field of sustainable employability, active through a nationwide network and more than 600 employees. The Working Conditions Service division (De Arbodienst) is an occupational health and safety service provider with an unconventional view on absenteeism, which leads to progressive and highly effective absenteeism and health policies within organisations. The other components offer, among other things, psychological interventions, outplacement and reintegration, work-related research and advice, and company training. The company was founded in 2003 by Rudo Vissers, who is still active as managing director of paraDIGMA Groep and co-shareholder of the group holding.
Rudo Vissers, paraDIGMA Groep: “We are impressed by the solid position which ENRGY has attained in the market in recent years. From their own unique approach, ENERGY and paraDIGMA share a common vision on the subject of work and health. Both companies realise the great importance of culture and leadership in organisations in increasing employability and structurally reducing absenteeism, and proritise a high-quality medical basis and personal attention for clients.”
Mentha Capital invests in established, profitable companies which demonstrate clear potential for further expansion through organic growth, expansion into new markets and/or acquisitions. Mentha has 15 participating interests, active in various end markets.
Barend Rutten, Mentha Capital: “We are pleased to enter into a partnership with ENRGY. Sustainable employabiity is an increasingly important theme for companies and society at large. The market is in full swing and provides many opportunities. Mentha is happy to assist both companies in fulfilling their organic and acquisitive growth ambitions.”