HYSYTECH s.r.l. acquires DH industries B.V.

HYSYTECH s.r.l. is pleased to announce the acquisition of the total assets from DH Industries B.V., the Dutch cryogenic technology specialist, originally founded by Dutch technology giant Philips. The transaction has been executed through HYSYTECH's fully-owned company Stirling Cryogenics B.V, effective on December 7, 2018.

"Now we have new resources and capabilities to continue driving value for our customers. From now on, our product portfolio is inenhanced with in-house competences for gases and liquids purification in order to offer broader solutions to a larger customer base" - Arjan Coenradie, Stirling Cryogenics B.V. company director and former sales manager from DH Industries B.V.

Head office and factory remains at Sience Park Eindhoven, Netherlands. In this facility the manufacturing and supply of cryogenic systems will continue as usual to produce the reversed Stirling Cycle Cryocoolers, the core equipment for the liquefaction systems (Liquid Nitrogen, Liquid Oxygen, Liquid Air, LNG), the Boil-off recovery systems and cryogenic cooling machines down to 20K.

Maintenance and service activities will be managed by Stirling Cryogenics B.V. from its head office in the Netherlands. The global agent organization for sales and after-sales support will be maintained and enhanced in order to continue delivering services as in the past 60-years of market leadership on the cryogenic sector.

"This acquisition will set HYSYTECH on a path of significant growth by providing engineering support and manufacturing capabilities from our Italy based facilities in order to deliver turn-key cryogenic systems, similar to what we currently do in adjacent industrial sector such as Bio-Methane, Bio-LNG, Hydrogen Generation and other specialty gases or liquids" - Andres Saldivia, HYSYTECH srl Business Development.

HYSYTECH s.r.l. (Italy) is an engineering company founded in 2003, specialized in design, development and industrial implementation in new turn-key process technologies and equipment. Core competences and know-how ranges from gases and liquidid purification, to commissioning, monitoring and maintenance, according to the best engineering practices.

Stirling Cryogenics B.V. (Netherlands), originally set up in 1955 as part of the Philips group, is one of the most successfull cryogenic technology and equipment manufacturer with over 3.000 installations around the world.