# Indutrade acquires Dutch hydraulic grab manufacturer Zijtveld Grijpers

Indutrade has signed an agreement to acquire all shares of Zijtveld Grijpers B.V., a Dutch designer and manufacturer of hydraulic grabs for construction machinery. The closing took place on February 21, 2018.

- Type: Acquisition
- Announced: 2018-02-21
- Where: Netherlands
- Status: completed
- Products: hydraulic grabs
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Indutrade](https://endata.com/companies/5501.md) (acquirer)
- [Zijtveld Grijpers B.V.](https://endata.com/companies/30208.md) (target)

## Sources

- [news.cision.com](https://news.cision.com/indutrade-ab/r/indutrade-acquires-dutch-company-zijtveld-grijpers,c2457058), 2018-02-21: "The closing takes place today, and Zijtveld Grijpers will be included in Indutrade’s Business Area Benelux."

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