# Ackermans & van Haaren acquires 60% stake in Biolectric

Ackermans & van Haaren acquired a 60% stake in Biolectric, a Belgian compact biogas system manufacturer, to support expansion from 50 to 250 units annually.

- Type: Acquisition
- Announced: 2019-02-22
- Where: Belgium
- Status: announced
- Capacity: 250 units per year
- Products: compact biogas systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ackermans & van Haaren](https://endata.com/companies/37545.md) (acquirer)
- [Biolectric](https://endata.com/companies/37546.md) (target)

## Sources

- [biolectric.com](https://biolectric.com/en/2019/02/22/ackermans-van-haaren-acquires-majority-stake-in-biolectric/), 2019-02-22: "Ackermans & van Haaren acquires 60% of Biolectric, enhancing their sustainable technology portfolio and supporting Biolectric's expansion in biogas systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.