# DevCo acquires Dieseko, Movax and Watson & Hillhouse to form piling equipment platform

DevCo has acquired Dieseko (Netherlands), Movax (Finland) and Watson & Hillhouse (UK) to create a global leader in piling and foundation equipment. The three companies will operate under a new platform owned by DevCo.

- Type: Acquisition
- Announced: 2026-07-07
- Status: announced
- Products: piling and foundation equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [DevCo](https://endata.com/companies/13817.md) (acquirer)
- [Dieseko](https://endata.com/companies/92880.md) (partner)
- [Dieseko](https://endata.com/companies/92880.md) (target)
- [Movax](https://endata.com/companies/92881.md) (partner)
- [Movax](https://endata.com/companies/92881.md) (target)
- [Watson & Hillhouse](https://endata.com/companies/92882.md) (target)

## Sources

- [geplus.co.uk](https://www.geplus.co.uk/news/business-news/dieseko-movax-and-watson-hillhouse-come-together-under-devco-ownership-07-07-2026/), 2026-07-07: "Our ambition is clear: to create a global leader in deep foundations and piling foundation equipment by bringing together the strengths of these three businesses."
- [insitemagazine.co.uk](https://insitemagazine.co.uk/watson-hillhouse-joins-global-piling-platform/), 2026-07-09: "Watson & Hillhouse will join Movax and Dieseko in a new global piling and foundation equipment platform."
- [geodrillinginternational.com](https://www.geodrillinginternational.com/construction/news-analysis/4534343/consolidations-cement-change-piling-sector), 2026-07-17: "Our ambition is to create a global leader in deep foundations and piling and foundation equipment by bringing together the strengths of these three businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.