IHC Vremac Cylinders has been acquired by VAPO
July 2019 — 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.
Our role in the transaction
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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