# Hydratec intends to acquire 75% stake in Stork Plastics Machinery and Rollepaal Holding

Hydratec Industries is in advanced discussions to acquire a 75% interest in Stork Plastics Machinery and Rollepaal Holding from Wadinko. The combined annual revenue of the two companies is approximately €75 million.

- Type: Acquisition
- Announced: 2019-09-30
- Where: Netherlands
- Status: announced
- Products: injection moulding machines, PVC pipe production equipment, injection moulds
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Wadinko NV](https://endata.com/companies/2671.md) (partner)
- [Rollepaal](https://endata.com/companies/16156.md) (target)
- [Hydratec Industries](https://endata.com/companies/42394.md) (acquirer)
- [Stork Plastics Machinery](https://endata.com/companies/42395.md) (target)

## Sources

- [hydratec.nl](https://www.hydratec.nl/en/news/press-releases/2019/hydratec-intends-to-acquire-a-majority-interest-in-stork-plastics-machinery-bv-and-rollepaal-holding-bv/), 2019-09-30: "This plan perfectly dovetails with Hydratec Industries’ growth ambitions."

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