Workdry International, the parent company of UK-based pump specialist Selwood, has expanded into North America with the acquisition of pump specialist Holland Pump. No financial details of the deal has been disclosed.
The deal, which has been backed by independent fund manager Arcus Infrastructure Partners, will see the company add 15 branches across the East and Gulf Coast regions of the US.
It will also add more than 1,000 pump assets to its rental fleet, creating a portfolio of more than 7,000 units.
Holland Pump will now operate as the North American division of Workdry and will be supported by a “high-growth strategy” that will focus on organic growth in pump rental solutions, further M&A and expanding its offering to include modular wastewater treatment.
Current Holland Pump CEO Tom Vossman will remain in his role and will be tasked with working alongside Workdry’s leadership team to integrate best practices and share expertise across the group in the new phase of growth.
Vossman, who joined Holland Pump in 2019 when XPV acquired the company, has overseen a significant period of growth, adding seven acquisitions including that of Florida-based C&R Distribution last month.
Workdry said the “strategic purchase” of Holland Pump from its owners XPV will enable it to establish a “market leading presence” in the East and Gulf Coast regions of the US and strengthen the combined group’s offering to the infrastructure, construction,…
