We advised DevCo on the acquisition of 100% of the shares in the Dieseko group.
The acquisition of Dieseko forms part of DevCo's intended formation of a leading global piling and foundation equipment platform, bringing together Dieseko, Movax and Watson & Hillhouse, and combining complementary strengths, engineering expertise and global reach across the three businesses.
Headquartered in the Netherlands, Dieseko develops, manufactures, rents and services specialised equipment for foundation projects worldwide. Its acquisition gives DevCo a strong platform based on Dieseko's engineering expertise, specialised equipment and trusted customer relationships, and together with Movax and Watson & Hillhouse creates a global business with strong local presence and an extensive international dealer network.
DevCo is a long-term active owner dedicated to building world-leading companies in selected niche markets, providing its companies with operational resources, strategic support and significant financial backing.
Our work included advising on the legal due diligence process, the transaction documentation, the works council process, the acquisition financing and general transaction-related matters.