# Kemkens Oss acquires 90% stake in Werkendamse Verwarmings Centrale

Kemkens Oss B.V. has signed an agreement to acquire 90% of the shares in Werkendamse Verwarmings Centrale B.V. and Werkendamse Verwarmings Industrie B.V. The family Paans retains a minority stake. The transaction will close on March 2, 2020.

- Type: Acquisition
- Announced: 2020-02-11
- Where: Werkendam, Netherlands
- Status: announced
- Products: heating and industrial services
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Kemkens Oss B.V.](https://endata.com/companies/45184.md) (acquirer)
- [Werkendamse Verwarmings Centrale B.V.](https://endata.com/companies/45185.md) (target)
- [Werkendamse Verwarmings Industrie B.V.](https://endata.com/companies/45186.md) (target)

## Sources

- [wvc.nl](https://www.wvc.nl/nieuws/strategische-overname-van-de-werkendamse-door-kemkens-oss-b-v/), 2020-02-11: "Op 11 februari jl. hebben de Werkendamse Verwarmings Centrale B.V. en de Werkendamse Verwarmings Industrie B.V. (in de volksmond: 'de Werkendamse') met Kemkens Oss B.V. een koopovereenkomst gesloten ter overname van 90% van de aandelen in de Werkendamse."

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