Dieseko Group Acquires Woltman Piling Equipment

From left to right: Rutger Ruigrok (NPM Capital), Henk Woltman (Woltman Piling Equipment), Barry Lemmers (Dieseko Group), Hans Woltman (Woltman Piling Equipment), Ton Kraak (Dieseko Group), Vicky van den Broek (NPM Capital)

Sliedrecht, January 7 2016 – Dieseko Group, producer and supplier of hydraulic vibratory hammers and other foundation equipment, acquires Woltman Piling Equipment, a company located in Giessenburg, the Netherlands. Woltman is market leader and producer and supplier of piling equipment.

By means of the acquisition both companies can combine forces and achieve economies of scale, for example by joint purchasing. Clients will benefit from shorter delivery times and new innovations.

Ton Kraak, CEO of Dieseko Group: “The acquisition of Woltman seamlessly fits into our policy. We strive for market leadership for vibratory hammers and want to be the supplier for complete product packages for piling contractors. We know Woltman very well and our subsidiary PVE Piling & Drilling Rigs – which has been acquired by Dieseko Group in 2014 – has been working together closely for several years.”

Woltman Piling Equipment will operate as an independent business unit of Dieseko Group in the Benelux region. All employees will remain working within the organization.