Go to deals
Private Equity | Industrial Machinery & Components

Royal IHC has sold Fundex Equipment to Hydrauvision

October 2020 — 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.

Our role in the transaction

Oaklins’ team in the Netherlands acted as advisor to the seller in this transaction.

Parties

Talk to the deal team

Fokko Poldervaart

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Tom Snijckers

Partner
Amsterdam, Netherlands
Oaklins Netherlands

Related deals

Cibus has acquired Aweta from Standard Investment
Private Equity | Agriculture | Industrial Machinery & Components

Cibus has acquired Aweta from Standard Investment

Standard Investment has reached an agreement with Cibus Capital, advisor to the Cibus funds, on the sale of Aweta, a global leader in fruit and vegetable sorting, grading and packing equipment. Completion of the transaction is expected in the coming weeks. The transaction provides Aweta with a strong partner to support the company’s next growth phase. Under Cibus’ ownership, Aweta will pursue further international growth and accelerate investment in R&D, supporting the installed base and product innovation, including software and AI capabilities. Aweta’s leadership team will continue to lead the business.

Learn more
Comtax has been acquired by Ryan
Private Equity | Business Support Services | TMT

Comtax has been acquired by Ryan

Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.

Learn more
GroGlass has been acquired by Apogee Enterprises
Private Equity | Other Industries

GroGlass has been acquired by Apogee Enterprises

Apogee Enterprises, Inc. (Nasdaq: APOG), a leading US provider of architectural building products, services and high-performance coated materials, has acquired GroGlass, a Latvia-based developer and manufacturer of high-performance anti-reflective and UV-protective glass coatings. The acquisition brings GroGlass’ differentiated coating technologies and materials science expertise into Apogee’s performance surfaces segment, broadening its product offering and market reach while expanding its manufacturing and R&D presence in Europe.

Learn more