Nuts Groep B.V.

Nuts Groep wants to simplify the energy and telecom markets even further.

Nuts Group provides low cost, hassle-free energy and telecom services under multiple brands. This requires scaling. That is why Nuts Groep aims - in addition to organic growth - to consolidate energy companies in the Benelux. The company currently serves around 750,000 energy and telecom customers in the Netherlands under the labels 'Budget Energy' (, 'NLE' ( and 'Robin Mobile' (, and around 100,000 customers in Belgium under its 'Elegant' label ( In 2020, Nuts Groep wants to break the 1 million customer barrier. The company had a gross revenue of approximately EUR 800 million in 2018. Nuts Groep is 50 percent owned by investor Waterland.