Dutch consultancies Magnus Energy and Ciratum join forces

Dutch consultancies Magnus Energy and Ciratum have joined forces to create a 100-person energy consulting business.

Magnus Energy is a consultancy firm dedicated to the energy sector. Since its inception in 2008, Magnus Energy has grown into a team of 50+ employees across offices in the Netherlands, Germany and Austria. The firm has a proven track record in areas such as strategy, regulatory, implementation, projects, and operations.

Ciratum was also founded in 2008 and focuses on business and IT transformations in the energy, water and telecom sectors. Energy is however the firm’s main area of focus – Ciratum supports projects at energy providers and electricity utility companies in the Netherlands and Belgium. The firm has around 55 staff.

With the merger, the two consultancies deepen and extend their offerings, as well as gain scale, positioning the group as a stronger partner in the energy consulting landscape.

“The collaboration merges the unique strengths and expertise of both organisations. Designed to address today’s demands and future challenges of the ever evolving and increasingly complex energy transition related projects,” commented Alexander van der Mark, Managing Director of Magnus Energy.

“We are confident that our joint expertise will drive significant progress in the energy sector. Our commitment to supporting the energy community with our insights, exceeding clients’ expectations, and collaborative synergy will position us at the forefront of the industry, in the Netherlands, but also across Europe.”

Rudolf Das, Managing Director of Ciratum, added: “It is a stimulating step to join forces with Magnus Energy in this strategic partnership. Our combined resources and shared vision will enable us to meet the pressing challenges of the energy transition head-on, delivering services that make a real difference.”

While the deal has been presented as a ‘merger of equals’, formally Magnus Energy has acquired Ciratum for an undisclosed sum. The move is part of Magnus Energy’s strategy to grow into one of Europe’s leading specialised energy consultancies, an ambition that is backed by a Dutch private equity group.