Nuts Group

Independent Energy Suppliers B2C


Invested: 2017

Nuts Groep is an energy supplier (power and gas) to consumers in the Dutch and Belgian markets. Nuts is operating with a multi-label strategy, with its brands Budget Energie, NLE and Elegant. Besides energy supply, Nuts also offers energy procurement services to third parties and the company is active in the internet, television and telecom segment of the Dutch consumer market. Nuts noted strong growth over the past years, winning market share over the traditional energy incumbents. In 2017 Nuts entered into a partnership with Waterland to further accelerate its growth.