M&A July 2024

MolenQ Industrial Services acquires Torsit Hijsinstallaties

Torsit Hijsinstallaties, a renowned provider of comprehensive lifting and hoisting solutions, is now part of MolenQ Industrial Services. Torsit Hijsinstallaties offers a full range of high-quality products and services with a strong focus on innovation and development, ensuring optimal performance and safety for its customers.

With this acquisition, MolenQ Industrial Services, headquartered in Voorschoten, continues to strengthen its position in the Dutch market, expanding its expertise in the inspection and maintenance of lifting and hoisting equipment. The group, with approximately 170 employees, excels in Testing, Inspection & Certification (TIC) and Maintenance, Repair & Overhaul (MRO) services across various safety applications.

Sancovia, acting as the exclusive M&A advisor, initiated the transaction and successfully guided it to completion.

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