Transaction year:
March 2017

Transaction type:
– Corporate Finance

Transaction sector:
– Business Services

TNO Companies is a subsidiary of TNO that focuses on bringing scientific knowledge and ideas to the market. First Dutch Innovations, the innovation platform of entrepreneur Peter Goedvolk, has acquired the majority of the shares of TNO Companies. This will give both the current 27 companies (with around 1100 employees) and new start-ups access to additional knowledge and capital. The revenue will enable TNO to further enhance the transfer of new technology.

Vondel Finance was lead advisor for TNO in this sale process.

To view the press release click here.