Announced
Completed
Financials
Sources
Tags
Netherlands
Friendly
industrial equipment
Acquisition
Completed
Majority
Private Equity
Disposal
Machinery: Industrial
Private
Single Bidder
Domestic
Synopsis
A consortium consisting of Ackermans & Van Haaren, HAL Investments and MerweOord completed the acquisition of Royal IHC, a supplier of equipment, vessels and services for the offshore, dredging and wet mining markets, for $481m. "It is positive that we were able to finalise this agreement in a short time. It is now important to work hard on the profitability of this amazing company, while maintaining the high level of quality and our customers’ immense satisfaction for the solutions that Royal IHC delivers. With the Foundation as the new owner and the changes to the Supervisory Board, we have a strong governance structure, an unchanged strong competitive position and therefore an excellent starting position for the future," Gerben Eggink, Royal IHC CEO.
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