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DGI announces the sale of Logan Industries to Verolme® Special Equipment

Doedijns Group International (DGI) announces the sale of Logan Industries (Logan) in Hempstead (Texas), Mobile (Alabama) and New Iberia (Louisiana) to Verolme® Special Equipment (Verolme), headquartered in Moerdijk, The Netherlands.

Verolme is a leading manufacturer of high-end heat exchangers, pressure vessels and reactors for high-temperature, high-pressure, and high-corrosion environments. Logan is a major player in the manufacture and supply of innovative mechanical and hydraulic systems to the global oil and gas industry and to the US steel and dredging industry.

The shared competence of providing high end, large scale fabricated systems and vessels to demanding industries bring together two companies with significant synergies. In addition, the geographical spread in locations from the USA to The Netherlands will enable both companies to rapidly increase sales in their new partner’s domestic markets.

Frank Robben, CEO of DGI: “I am pleased to offer Logan Industries and its dedicated team a new platform to achieve their ambitious growth plans. With shared competence in high end, technically demanding fabrications and systems, I wish Verolme and Logan Industries every success for the future”.

Juul IJzermans, CEO of Verolme: “The acquisition of Logan Industries gives Verolme its highly desired engineering and production platform in its key geographical market. At the same time Logan will benefit from the Verolme water front facilities in the Netherlands, which will enable Logan to serve its international drilling customer base more efficiently in Europe. Furthermore I look forward to co-operate with Logan CEO Shayne Babich and his team”.

 

For more information, please contact Paul Hamann, Marketing & Communications Manager, Tel: +31 (0)85 488 1301, @: paul.hamann@doedijns.com

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