Royal IHC has sold Fundex Equipment to Hydrauvision
Royal IHC, a supplier of innovative and efficient equipment, vessels and services for the offshore, dredging and wet mining markets, has sold Fundex Equipment B.V. to Hydrauvision.
Fundex Equipment designs, manufactures and delivers multi-functional foundation rigs internationally. Nearly 60 years of experience in the various drilling and piling techniques underlies the development of the company’s product portfolio. Its main product lines are multi-functional foundation rigs, compact drilling and piling rigs, and auxiliary equipment, such as rotary heads. Fundex has an in-house engineering department which enables the development of custom-built machinery.
Hydrauvision, founded in 1973, is a Netherlands-based provider of hydraulic drive technology systems and solutions. The company offers power packs, hydraulic winches, hydraulic pumps, filtration units, coolers, hydraulic submersible dredge pumps and other hydraulic systems.
Oaklins’ team in the Netherlands acted as advisor to the seller in this transaction.
Talk to the deal team
Related deals
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Learn moreXeros Technology Group has completed a placing, subscription and retail offer
Xeros Technology Group plc has raised funds to drive forward its commercialization strategy.
Learn moreSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Learn more