With regulatory approvals secured and the transaction finalized, Ramboll and Envidan will begin merger planning and immediate collaboration to build a single Nordic water powerhouse that strengthens Ramboll’s presence globally and across Denmark, Norway, Sweden and Finland.
Ramboll today announces the completion of its acquisition of the Nordic water and wastewater specialist Envidan from the European private equity firm Waterland and a group of minority shareholders.
Following completion, Ramboll’s Water Division will be further reinforced with additional technical capabilities and expertise, creating value for clients and societies by converting all types of water- and climate-related challenges into opportunities. For now, Envidan will continue to use its existing company registration numbers.
“We are proud to welcome Envidan’s specialists into Ramboll. This is an important step forward for Ramboll’s global Water business. Joining forces with Envidan significantly strengthens our capabilities in key markets and enables us to better support clients with the full spectrum of water solutions, so we can accelerate sustainable outcomes for our clients and society.”
As part of the combined organization, Envidan’s three core business areas of consulting, turnkey and software will become part of the joint portfolio of services and products. Envidan brings around 500 specialists and offices across Denmark, Norway and Sweden. The combined water organization will comprise approximately 1,000 people in the Nordics and 1500 globally.
The wide-ranging skills in Envidan and Ramboll span advisory and specialist technical services to be applied on every kind of project from flood risk management and water resource planning to dam engineering, treatment works design, and river restoration.
“Our approach to this integration is to treat it as a true merger. We will protect what works and not harmonize solely for the sake of standardization. Our immediate focus will be on clients, people and culture, getting to know one another, collaborating on projects and proposals, and ensuring continuity for clients and partners as we plan the further merger process.”
To ensure effective collaboration from day one, the two groups will begin working together immediately on proposals, projects and knowledge sharing guided by shared principles for client engagement and internal cooperation.
As a first leadership step, Ole Fritz Adeler assumes the role of Senior Director, Water Nordics and will report to Esther Bosman, Managing Director of Ramboll Water.
“Becoming part of Ramboll brings together two highly complementary organizations with strong values and a deep commitment to sustainability. I look forward to working across Denmark, Sweden, Norway and Finland to build a unified Nordic water organization that combines Envidan’s technology-driven engineering strengths with Ramboll’s international scale and breadth of services.”
The combination will be transformative for Ramboll’s Nordic business and will help the company meet increasing market needs.
For now, Envidan will operate under the name and brand ‘Envidan – part of Ramboll’ to create clarity in the market and clearly signal that Ramboll and Envidan are building one joint Nordic entity — one Nordic water powerhouse.
“The Envidan transaction is an important milestone for Waterland as our first exit in Denmark. The transformation of Envidan into a leading Nordic water company is a strong example of how we create value through close partnership with management to unlock the company’s full potential. We are confident that Ramboll is the right partner for Envidan and we look forward to following its continued journey,” says Nicklas Guldberg, Principal at Waterland Nordics.
Contact Envidan
Head of Strategy & Communication, Tine Hertz Hansen.
M: +45 41 62 44 06 – E: thh@envidan.dk
About Ramboll
Ramboll is a global architecture, engineering and consultancy company founded in Denmark in 1945. Ramboll’s employees create sustainable solutions across Buildings, Transport, Architecture & Landscape, Water, Environment & Health, Energy and Management Consulting. Across the world, Ramboll combines local experience with a global knowledgebase to create sustainable cities and societies. We combine insights with the power to drive positive changes to our clients, in the form of ideas that can be realized and implemented.
About Envidan
Envidan was founded in 1995 in Denmark, and is a consulting engineering company, Envidan provides solutions to utilities, municipalities and industries on everything from wastewater, water supply and drainage to climate adaptation and nature restoration. From our 22 offices in Denmark, Norway and Sweden, we work with the entire water cycle, and when working with customers, sustainability, water expertise and digital thinking are always at the heart of our work.
About Waterland
Waterland is an independent European investment firm supporting entrepreneurs in achieving their growth ambitions. Waterland currently manages more than €20 billion in assets under management. Since its founding in 1999, Waterland has grown into an organization of more than 200 professionals, operating from 11 offices across 9 countries.
