Advisor to Buyer

Royal Doeksen and Royal IHC have reached an agreement on the acquisition of all shares in Vuyk Engineering Rotterdam.

IHC presented its new strategy in mid-2020, indicating to return to the core activities of the company. As a result of this new strategy, it was decided that, among others, Vuyk would be divested. The management of Vuyk was involved in the entire separation process and is delighted to now be part of the Rotterdam-based Royal Doeksen.

About Vuyk Engineering
Vuyk Engineering was founded in 1979, and over the past decades, Vuyk has grown into a design and engineering firm with expertise in various parts of the maritime industry. Today Vuyk focuses on three disciplines: shipbuilding, mechanical engineering and marine operations. The expertise in these areas and highly qualified engineers enable Vuyk to fully understand and execute complex projects. Vuyk is proud to announce that the company can operate as an independent company with a strong brand.

About Royal Doeksen
Founded in 1908, Koninklijke Doeksen is a family business with a long history as a shipping company and strong family values. Initially, Doeksen was engaged in salvage work and shell suction off the Dutch coast. Doeksen expanded its activities further with ferry services between Harlingen and the Frisian Wadden Islands. Not long ago, Doeksen became the owner of the super yacht builder Royal Huisman. Doeksen also provides fast ferry services in the Rotterdam region.

Jan Willem Doeksen (CEO of Royal Doeksen) explains: “We are very proud and happy to welcome Vuyk to our portfolio, as they fit perfectly into our maritime matrix of high-quality knowledge and a strong legacy. We look forward to working with current management to continue the current business activities and explore growth opportunities. With this acquisition, we can rightly say that Royal Doeksen can provide expertise and services from design to construction and operation.”

Hemingway Corporate Finance acted as exclusive financial advisor to Royal Doeksen.