Transactions and responsible investments
We see the growing importance of environmental and sustainability aspects in transaction and investment processes. Responsible investment and the integration of environmental, social and governance (ESG) aspects into investment decisions and processes are increasingly considered a ‘must’. But sustainability is complex and environmental impacts can lead to significant costs and liability risks. With our Environmental Due Diligence (EDD) assessments, we offer our clients a reality check with regard to the possible environmental and business risks and consequences.
Sustainable takeover of Roompot holiday parks
Roompot is a leading European provider of holiday accommodation. In connection with a potential acquisition, TAUW conducted an Environmental Due Diligence (EDD) assessment for owner PAI Partners.
Because both the company’s headquarters and many of Roompot’s holiday parks are located in the Dutch coastal province of Zeeland, the TAUW team was given a 16-person holiday home at Roompot holiday park De Banjaard in Kamperland. This house served as the “TAUW office” and base camp for the team for five weeks. How cool is that?!
We mapped the environmental status of all Roompot holiday parks, identified material environmental issues related to the company’s park operations, and evaluated the business impact of such issues. This includes matters such as: biodiversity, climate resistance, soil and groundwater quality, legionella (bacteria) management and fire safety. The results were made available to potential buyers in a virtual data room. Ultimately, Roompot was successfully sold to KKR.
“Due Diligence is very important when deciding whether to buy or sell. I’m glad we could rely on TAUW's extensive knowledge and expertise”
– Coen van der Wel, CFO of Roompot.