Borenius advised the sellers in the sale of Movax

We advised the sellers in the sale of Movax Oy to DevCo Partners.

Headquartered in Finland, Movax is a world-leading specialist in excavator-mounted piling and foundation equipment. Through its innovative technology and extensive international dealer network, Movax serves customers in more than 75 countries across six continents. The company helps customers improve productivity, efficiency and safety across a wide range of foundation applications. In connection with the acquisition by DevCo Partners, Movax combines forces with Dieseko and Watson & Hillhouse in the formation of a new global piling and foundation equipment platform.