Doedijns sold to management backed by Friesland Bank

Zeist, November 2005

The shares of the company have been acquired by Friesland Bank Investments and the management of Doedijns.

Doedijns, based in Waddinxveen, the Netherlands, is active in the international fields of hydraulics, pneumatics, and instrumentation. These techniques find applications in products and services to the oil- and gasindustry, as well as to the semiconductor industry and the maritime sector with the emphasis on engineering, assembly and service.

The acquisition of a majority of the shares by Friesland Bank will add extra fuel to the ambitious growth plan of Doedijns and its management to strengthen its position through autonomous growth and acquisitions in the coming years.

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