Royal Reesink sells Motrac Industries to Anders Invest
Appeldoorn (Netherlands), 25 July 2024 - Royal Reesink, a Triton portfolio company and a leading international supplier of machinery and equipment used in material handling, agriculture, turf care and construction, and Anders Invest have completed the takeover of Motrac Industries. Motrac Industries Holding B.V., set up by Anders Invest, now owns Motrac Hydrauliek B.V. and Motrac Hydraulik GmbH.
With sites in Zutphen and Papendrecht (The Netherlands) and Willich (Germany), Motrac Industries employs 110 staff and has nigh on 70 years of experience in hydraulic engineering. Its activities have been successfully expanded to encompass electric drives in recent years. Motrac Industries acts as distributor for Linde Hydraulics in the Netherlands, Belgium, Germany and Poland as well as having supplier relationships in place with leading parties. This forms the basis for the successful development, construction, supply and repair of hydraulic and/or electric drive systems. In addition, hydraulic manifolds are produced at the Willich site under the name IMAV Hydraulik and specific solutions for inland navigation are supplied and maintained from Papendrecht under the name Hydromarine. Motrac Industries' systems are used throughout the world in the agricultural, maritime, mobile and industrial sectors.
Motrac Industries has been taken over by Anders Invest, a renowned private equity firm focusing on long-term investment in and collaboration with Dutch small and medium-sized enterprises (SMEs) in the manufacturing and technical sector.
For Royal Reesink, this step is in line with the strategic focus of the business on its core activities, namely the distribution of and aftersales services for agricultural, construction, landscaping and logistical machinery. As a supplier of high-quality hydraulic and electrotechnical solutions and components, Motrac Industries is not the perfect fit for Royal Reesink’s portfolio. There is too little common ground between the markets in which Motrac Industries and Royal Reesink are active, and Royal Reesink takes the view that a different owner will be better placed to support Motrac Industries with its ambitions.
Read the full news here: https://www.royalreesink.com/en/news/2024/10265/royal-reesink-sells-motrac-industries-to-anders-invest
About Royal Reesink
Royal Reesink was founded in 1786 and is a distributor and service provider of A-brand machines and parts to customers in the sectors of agriculture, landscape maintenance, internal transport, warehouse design and civil engineering. With almost 40 subsidiaries worldwide, Royal Reesink has built a solid international market position of which we are rightly proud. The more than 2500 employees have more than a few things in common: a passion for machines, quality, common sense and entrepreneurial spirit.
For more information: www.royalreesink.com
About Triton
Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.
For further information: www.triton-partners.com