Share exchange Hydratec and Wadinko
Hydratec Industries NV has reached an agreement with Wadinko NV on a share exchange as of June 30. Hydratec gains 25% of shares from Wadinko and thereby becoming a 100% shareholder in Rollepaal. Hydratec Industries NV has extensive knowledge and experience in our type of industry and is convinced that Rollepaal will be a good addition to the group's international activities.
Mr. Bart Aangenendt, CEO of Hydratec:
“Focus and clear management are very important in this Corona era. That is why I am pleased that we have been able to agree on these transactions in close consultation with Wadinko. This makes it possible to have a greater focus. Rollepaal fits in perfectly with the future plans of Hydratec Industries.”