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Announced

Completed

Vydraulics completed the acquisition of Doedijns Group International.

Synopsis

Vydraulics Group, a company group of suppliers of hydraulics cylinders, systems and components, completed the acquisition of Doedijns Group International, which designs, produces and distributes engineered hydraulic and pneumatic solutions, from IK Investment Partners. Financial terms were not disclosed. “The driving force behind this partnership is a common passion for knowledge and technology. This results in effective and innovative solutions. Together with our clients and partners and partners we aim for solutions that offer minimum ‘total cost of ownership’. The Vydraulics group is supported by an established family trust with a strong long term focus. This offers a stable financial foundation for realizing our strategic vision and growth ambitions,” Steven Vangeersdaele, Vydraulics CEO.

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