Anders Invest acquires stake in ROHR-IDRECO

Anders Invest, an investment company that focuses on partnering with Dutch SMEs with a technical focus, has acquired a minority stake in ROHR-IDRECO Dredge Systems.

ROHR-IDRECO photo

Anders Invest provides financing for both minority and majority interests and has investments in 23 profitable and expanding businesses.

Active since 1960, ROHR-IDRECO Dredge Systems specializes in the design, engineering and production of wet mining and dredge systems and is highly regarded within the industry for its quality and integrity. Its fully-electric vessels include suction dredgers, bucket ladder dredgers and clamshell vessels, with maximum working depths of up to 180 meters.

ROHR-IDRECO photo

The company also offers a line of pumps developed in-house and suitable for applications both inside and outside the dredging industry.

The systems can be fully-automated or operated remotely and are deployed worldwide on a variety of applications, including sand and gravel extraction and dredging of hydrodam water reservoirs. ROHR-IDRECO employs around 80 people and has manufacturing sites in Doetinchem and Mannheim (Germany), with sales and service locations in France and the United States.

In 2019, Fulco Vrooland Löb (CEO), Meindert Lodewijks (CFO) and two external shareholders acquired the company through a management buyout. Anders Invest will acquire its minority stake from the two external shareholders.

Commenting the latest news, Mr. Vrooland said: “Anders Invest’s focus on sustainable value development based on fair and transparent business is in line with our Mission and Vision. With this powerful new shareholder on board, we want to give further impetus to our growth ambitions.”

Gert-Jan Huisman (Managing Partner Anders Invest) added: “Sand is, after water, the most traded commodity worldwide. With its progressive and zero-emission extraction systems, ROHR-IDRECO is a wonderful asset to our Industry Fund. We look forward to actively assisting the company for the longer term, with knowledge and where necessary – with capital.”

Fulco and Meindert continue to be closely involved in the company as Directors and shareholders.