N-Sea Group Selects Rabobank as Its New Banking Partner

Rabobank will serve as the new principal bank for N-Sea Group, handling all payment transactions across the company, including its subsidiaries and affiliated entities.

Beyond transaction management, Rabobank is also providing a refinancing package that supports N-Sea’s ambitious growth trajectory. Since 2021, the company has expanded from €30 million to €200 million in revenue, maintaining strong EBITDA levels. Looking ahead, N-Sea aims to triple its turnover over the next four years, with Rabobank’s financial backing playing a crucial role in realising this ambition.

N-Sea’s choice of Rabobank was influenced not only by financial considerations but also by the bank’s integrity, hands-on approach, and deep expertise in the maritime sector—key factors that shaped the decision-making process.

Ann Porte, CFO of N-Sea Group, shared her enthusiasm for the partnership:
“We are delighted with this agreement and the opportunities it presents. N-Sea has experienced substantial growth in recent years and needs strong banking support for future expansion. Partnering with Rabobank simplifies and enhances transparency in this process. Their commitment to our strategy and growth ambitions makes this collaboration truly unique. We look forward to a successful and long-term partnership.”

Sander ter Haar, Sr. Relationship Manager Rabobank Corporate Clients, shared his thoughts on the refinancing:
“We have closely followed N-Sea over the past years and have been impressed by the quality of its management and how the company has developed and grown their business over the years. The crucial role N-Sea plays in the offshore energy & renewables markets positions the company within Rabobank’s key ambitions of Banking for Energy Transition and Banking for the Netherlands. We are proud to commit ourselves to our future partnership”