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Announced

Completed

Ackermans & Van Haaren, HAL Investments and MerweOord completed the acquisition of Royal IHC for $481m.

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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