Dutch Thermal Engineering (DTE) specialises in developing and manufacturing customer-specific installations and solutions in the field of industrial temperature control.
Founded in 1984 as a trading company in air ducts, DTE has developed into a leading global supplier for OEMs (Original Equipment Manufacturers) in various industries such as the packaging and food industry, biogas plants, graphics, plastics and welding industry, shipping and offshore. DTE is strong in customer-specific solutions requiring robust quality (stainless steel versions) and special customisation and is equipped to produce them in any size and desired volume. The company develops and produces cooling, heating and tempering installations from 1 to 2000 kW. DTE often delivers its installations based on customer-specific specifications and in accordance with requirements such as ATEX, CSA/UL and all other possible guidelines. DTE has a turnover of over € 10 million and around 60 employees.
VADO investment rationale
VADO focuses on promising companies in the manufacturing industry. Its portfolio companies are particularly active in the high-tech & semicon, food & pharma, automotive & (intra)logistics and energy & energy transition market segments. With the acquisition of DTE, VADO expands its activities in those relevant market segments. DTE is a healthy company, with distinctive qualities in engineering and production, and it also operates in the same growth markets as quite a few of our other portfolio companies. Several of our portfolio companies have been working with DTE for some time. Together, these VADO companies have a wide range of competences to support customers integrally at a high level. This provides great opportunities for further cooperation and expansion of the integrated services we provide to our customers.
For more information about DTE or one of our other companies, please contact VADO, Martijn Utermark via m.utermark@vado.nl.
"DTE has experienced strong and healthy growth in recent years. Our entrepreneurial spirit thrives within the VADO culture, where independence and execution go well with long-term support and with a focus on value growth for people, market and society."
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