Carner advised on the formation of DevCo's global piling and foundation equipment platform
Carner Corporate Finance advised DevCo on the formation of its new global piling and foundation equipment platform, bringing together Dieseko, Movax and Watson & Hillhouse.
The new platform combines the complementary strengths, engineering expertise and global reach of the three businesses. Together, they create a stronger business serving piling and foundation customers worldwide, built on decades of industry experience, specialized technologies and trusted customer relationships, providing a strong foundation for innovation, customer value and long-term growth.
Creating market-leading platforms through strategic combinations is exactly the kind of cross-border work we are passionate about. The three businesses complement each other exceptionally well, creating a stronger business with outstanding technical expertise, broader international reach and excellent long-term growth prospects. We are grateful to DevCo for their trust and are delighted to have supported them in achieving this important milestone.
Anssi Sampo, Partner, Carner Corporate Finance
The work further highlights Carner's experience in advising on complex strategic combinations, platform creation, buy-and-build strategies and cross-border industrial transactions.
The platform comprises:
- Dieseko, a Netherlands-based global leader in piling and foundation equipment and deep foundation solutions;
- Movax, a Finland-based world-leading specialist in excavator-mounted piling and foundation equipment; and
- Watson & Hillhouse, a UK-based specialist with a long heritage in piling and foundation equipment sales, hire and customer support.
Together, they are well positioned to accelerate innovation, broaden their capabilities and deliver even greater value to customers across global piling and foundation markets.
For additional information, please contact:
Anssi Sampo
Partner
Carner Corporate Finance
+358 400 918 710
anssi.sampo@carner.com
Carner Corporate Finance is an independent Finnish corporate finance advisory firm specializing in mergers and acquisitions, buy-side and sell-side advisory, and international transactions. Carner has completed deals in 18 countries and is a trusted adviser to private equity investors, entrepreneurs, and corporate management teams. The firm is part of the international IMAP (International M&A Partners) network, one of the world’s leading mid-market M&A advisory organizations, operating through 54 offices in 38 countries.
DevCo in brief
DevCo is a long-term active owner and development partner dedicated to building world leading companies in selected niche markets. DevCo provides its companies with hands-on operational resources, strategic support and significant financial resources to support step changes in their performance. In addition to its deep foundations and piling and foundation equipment platform comprising Dieseko, Movax and Watson & Hillhouse, DevCo is a significant owner of three global niche leaders: Vexve, Medix Biochemica, and Bluefors. www.devco.fi
