IHC Vremac Cylinders has been acquired by VAPO
Royal IHC, a supplier of equipment, vessels and services for the offshore, dredging and wet mining markets, has sold IHC Vremac Cylinders to VAPO.
IHC Vremac Cylinders (Vremac) is a designer and manufacturer of top quality customized and project-engineered hydraulic cylinders, accumulators and swivels for all applications in the dredging and offshore, civil engineering, transport and loading, and heavy-duty machinery industries. Vremac has a strong global client base in multiple end markets. Renowned customers include Caterpillar, Mammoet, SPIE, Huisman and Boskalis. Vremac operates from a custom-build facility in Apeldoorn that was opened in 2017 and employs 90 full-time employees.
VAPO is a Belgian designer and manufacturer of hydraulic cylinders, hydraulic systems and components. VAPO is backed by Belgian private equity firm Vybros, a hands-on firm focused on small- and medium-sized companies.
Oaklins' teams in the Netherlands and Belgium advised the sellers in this transaction.
Dave Vander Heyde
CEO, Royal IHC
Talk to the deal team
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