Ambienta’s Cap Vert platform takes over N2B Arrosage
Milan/London/Paris/Munich — Ambienta SGR SpA (“Ambienta”) announces that its platform company Cap Vert Group (“Cap Vert”), one of the French market leaders in pruning, has acquired N2B Arrosage (“N2B Arrosage”). N2B Arrosage is also based in France and specializes in the management of irrigation systems for urban green spaces. Ambienta is one of the largest and leading asset managers in Europe with a focus on environmental sustainability. N2B Arrosage designs, installs and maintains irrigation systems. The company was founded in 1986, is based in the capital region of Île-de-France and employs more than 30 people. N2B Arrosage is an established player in the Île-de-France region, serving a large number of private customers. With the acquisition of N2B Arrosage, Cap Vert is expanding its water division and significantly broadening its offering for private customers in this market segment. The market for irrigation systems is growing continuously. This growth is mainly driven by municipalities that are expanding green spaces and other unsealed areas in response to global warming in order to achieve a cooling effect in cities. The acquisition of N2B Arrosage strengthens Cap Vert’s ability to respond to these needs and manage large-scale projects. The Cap Vert Group, in line with Ambienta’s investment strategy, contributes positively to the company’s environmental impact metrics — reducing CO2 emissions, preserving biodiversity and, thanks to the acquisition of N2B Arrosage, saving water. Smart automatic irrigation enables an optimized water flow taking into account parameters such as temperature and humidity; for urban green spaces, smart automatic irrigation also contributes to the preservation of vegetation and biodiversity as well as to lowering the temperature through water evaporation and transpiration of plants. This also indirectly reduces CO2 emissions, as less air conditioning and ventilation of indoor spaces is required by lowering the outdoor temperature. Eric Girot, CEO of Cap Vert, commented: “We are very pleased to welcome N2B Arrosage to the Cap Vert Group. We are confident that this partnership will significantly strengthen our service offering and client portfolio by combining our market leadership with N2B’s expertise in water management.” Gwenaëlle Le Ho Daguzan, Partner at Ambienta, added: “The acquisition of N2B Arrosage fits perfectly with our long-term strategy for Cap Vert, seamlessly aligning with our ambition to expand the Group’s presence in promising markets such as water management, while enhancing the overall service portfolio. This transaction underlines our commitment to sustainable growth through targeted acquisitions that deliver real value to Cap Vert’s customers and partners.” About Ambienta
Ambienta is a European environmental sustainability investor specializing in private equity, public markets and private credit.
Eric Girot, CEO of Cap Vert, commented: “We are very pleased to welcome N2B Arrosage to the Cap Vert Group. We are confident that this partnership will significantly strengthen our service offering and client portfolio by combining our market leadership with N2B’s expertise in water management.”
From Milan, London, Paris and Munich, Ambienta manages assets of more than 3 billion euros. The focus is on investing in private and publicly traded companies that are driven by environmental megatrends and whose products or services improve resource efficiency and environmental protection. Ambienta has made 75 private equity investments to date. In the public equity sector, Ambienta has launched one of the world’s largest absolute return funds fully focused on environmental sustainability and manages a whole range of other sustainable investment products from low-risk multi-asset funds to long-only equity funds. Ambienta has also recently launched a private credit strategy, which — as with the other asset classes — focuses on environmental sustainability. www.ambientasgr.com