Transaction summary

ZOETERMEER, June 2, 2020 – IK Investment Partners (“IK”) has signed a definitive agreement to sell Doedijns Group International B.V. (“DGI”), operating under the Doedijns, Koppen & Lethem and Sypack brands, to the Vydraulics Group. DGI operates two business units focused on hydraulic components, systems and services. Complementing the strengths of the combined group increases scale and capabilities and offers a wide range of new opportunities. DGI’s strong focus on reliability, transparency, client satisfaction and aim to provide high quality technical solutions fit perfectly with the long-term vision of the Vydraulics Group.

Official press release: DGI

Emendo Capital acted as exclusive financial adviser to DGI Holding and IK.

About DGI

DGI is a knowledge-based component distributor and internationally recognised hydraulics system integrator active in hydraulic power, motion and control and process systems. DGI designs, manufactures, assembles and distributes engineered, cost-effective and tailor-made solutions to its global clients in a wide variety of industries, such as the oil & gas, mining, mobile equipment, offshore, renewable energy or heavy industry.

For additional information on DGI, visit www.doedijns.com.

About IK

IK is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, Benelux, and the UK. Since 1989, IK has nearly € 13 billion of capital and invested in over 130 European companies. Across its strategies, IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.

For additional information on IK, visit www.ikinvest.com.

About Vydraulics Group

Vydraulics Group is a Belgian/Dutch company group of suppliers of hydraulics cylinders, systems and components focused to help solve motion problems. Vydraulics designs, manufactures, installs, inspects and controls hydraulic drive systems. Vydraulics strives towards the most optimal solution with respect for the environment, every step of the way. The group consists of companies VREMAC Cylinders, VAPO Hydraulics, HYDROPACK Hydraulics and GDM Precisie Mechaniek. Together, the group employs 300 people located in 8 facilities across 4 countries.

For additional information on Vydraulics, visit www.vremac.com, www.vapo.be, www.hydropack.nl and www.gdm-nv.be.