Posted on October 31, 2022
Takeover of business operations by investor consortium on November 1, 2022
An investor consortium consisting of three German sand and gravel mining companies will take over the business operations of the Mannheim-based manufacturer ROHR-IDRECO Bagger GmbHon November 1, 2022. After the takeover, the company will operate under the name Rohr Bagger GmbH and employ around 30 people at its Mannheim site. The other companies of the ROHR-IDRECO Group are not part of the sale.
The Dutch-headquarteredROHR-IDRECO Group specializes in the design and production of high-quality electrically driven dredgers and equipment for deep dredging depths. Its Mannheim-based subsidiary, whose business operations will be transferred to the investor consortium, will engage in the engineering and manufacturing of clamshell and bucket ladder dredges for the European market.
Fulco Vrooland, Group CEO, says: “The ROHR-IDRECO Group welcomes the entry of the investor consortium in the Mannheim subsidiary. Close commercial and technical cooperation between Rohr Bagger and the ROHR-IDRECO Group will continue, giving us the opportunity to focus on our international expansion whilst still offering the full product portfolio of suction, clamshell, and bucketladder dredges.
Richard Crowe, Managing Partner ROHR-IDRECO Americas adds: “Our extensive portfolio of Intelligent Dredges remains unchanged and unmatched. We are excited to work with the new ownership team to continually improve our ability to build, service, and support the new and existing equipment in our markets.”