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DEWULF announces agreement to acquire Miedema

The Dewulf group has reached a preliminary agreement for the acquisition of Miedema, the
one to go to for development and production of modern technology for storage, sorting,
transport and planting of potatoes. The company markets strong brands, like Miedema,
Structural and Smart Solutions. With this acquisition, the DEWULF range of potato and
vegetable machines will be strengthened and the group will grow to become the undisputed
global leader in this segment of the agricultural machinery manufacturing market. Working
together, Dewulf and Miedema will be able to provide a complete product range for modernday potato and vegetable growers around the world. The acquisition is expected to be
completed in the fourth quarter of 2014.

 

The current management of Miedema will stay shareholder of the subsidiary in Winsum
(28%), thus ensuring continuity for all stakeholders. Miedema's in-house development,
production and management will remain in Winsum (Netherlands). Synergy will be sought
primarily in the sales of machinery, the marketing and the purchasing departments of the two
companies.

Miedema, the one to go to for development and production of modern technology for storage
and sorting, is located in the Netherlands (Winsum). With 111 employees, Miedema achieves
extremely lean production of over 1500 different machines and delivers them worldwide, a
path it started down in 1940.


Dewulf is the market leader in the field of self-propelled potato and carrot harvesters. With
more than 150 employees and two production sites, in Belgium (Roeselare) and Romania
(Brașov), Dewulf produces around 300 harvesters annually and delivers them to 37
countries, including China, Turkey and South Africa. The technological lead held by the 68-
year-old family business is reflected in harvesters that are easy to operate and

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Miedema Landbouwwerktuigenfabriek BV
Kleasterdyk 43
8831 XA Winsum
The Netherlands
T: +31 517 239 800

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