World's leading supplier of foundation equipment for critical infrastructure and renewable energy projects
Movax Dieseko Watson & Hillhouse.jpg)
2026
€120m
270
95%+
Foundation Equipment Group is a globally leading piling and foundation equipment platform, initially formed from three family-owned businesses, Movax, Dieseko and Watson & Hillhouse. The group manufactures and assembles equipment at its facilities in Sliedrecht, Netherlands and Hämeenlinna, Finland, with additional local presence in the UK, US, Poland and Australia. Through globally recognised brands including PVE, ICE and Movax, the group reaches customers worldwide via both its own organizations and an extensive international dealer network, serving infrastructure, construction, nearshore and offshore markets. The platform's ambition is to continue growing as a globally leading provider of piling and foundation equipment and solutions.
DevCo invested in Foundation Equipment Group based on the healthy long-term outlook for the piling and foundation equipment niche, underpinned by steady demand for mission-critical equipment across infrastructure, construction and offshore markets. The underlying businesses are leaders in their respective markets, built on strong brands well known and trusted by customers globally. Their deep engineering expertise and track record as technological pioneers have earned them a respected position in the industry, forming a strong foundation for continued innovation and growth under DevCo's long-term ownership.
DevCo invested in Foundation Equipment Group based on the healthy long-term outlook for the piling and foundation equipment niche, underpinned by steady demand for mission-critical equipment across infrastructure, construction and offshore markets. The underlying businesses are leaders in their respective markets, built on strong brands well known and trusted by customers globally. Their deep engineering expertise and track record as technological pioneers have earned them a respected position in the industry, forming a strong foundation for continued innovation and growth under DevCo's long-term ownership.
Foundation Equipment Group is providing mission-critical equipment to the construction of critical infrastructure for societies worldwide, from transport networks and buildings to coastal and waterway works that help communities adapt to rising sea levels. The group's solutions also support the global renewable energy transition, including offshore wind installations, contributing to broader efforts to mitigate climate change. Its equipment is innovative and purpose-engineered, delivering greater safety, productivity and efficiency than many alternative foundation methods.
We provide companies with full-time hands-on resources, tailored ownership solutions and significant capital for growth
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