Global law firm White & Case LLP has advised DevCo Partners on its acquisition of Dieseko Group. This strategic move is intended to establish a premier global platform for piling and foundation equipment by integrating Dieseko with existing entities Movax and Watson & Hillhouse.
Dieseko Group, based in the Netherlands, is a specialist in the development, manufacturing, rental, and servicing of equipment crucial for foundation projects worldwide. The integration is designed to harness the combined strengths, engineering prowess, and extensive global reach of the entities involved, fostering a robust international business with a strong local presence and a comprehensive dealer network.
DevCo Partners, known for its long-term active ownership strategy, focuses on cultivating world-leading companies within niche markets. Their approach involves providing operational resources, strategic guidance, and financial backing to achieve this goal.
The transaction saw a multi-jurisdictional team from White & Case, led by Helsinki-based partner Sten Olsson, provide legal counsel. The team comprised partners, counsel, and associates from various global offices, underscoring the firm’s international capabilities in advising on significant corporate transactions.
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