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Dear suuplier,

We hereby like to inform you that the full management team of Doedijns’ Instrumentation business unit has realised a management buy-out as of 1 January 2014. All activities will continue via a new entity, named Thermo Electric Instrumentation B.V.

The management buy-out of Thermo Electric Instrumentation B.V. is supported by Foreman Capital, an independent European investment company with a long term investment horizon that focuses on companies active in trading, production and services.

The former owner, DGI (Doedijns Group International) decided to divest its Instrumentation business unit as part of its global strategic growth plans. This divestment enables DGI to fully focus on their core activities as power, motion and control solutions provider.

The close cooperation between DGI and Thermo Electric Instrumentation will continue in the future as DGIs sales office in the Middle East will act as official agent for Thermo Electric Instrumentation for that region. All other geographies, including the Asia Pacific region, will be represented directly via the local Sales Managers of Thermo Electric Instrumentation.


How will this affect you as our supplier?
As of the 1st of January 2014 all existing Doedijns Instrumentation related purchase orders will be taken over by Thermo Electric Instrumentation as follows:

• Deliveries made by you on or before 31 December 2013: invoice should be issued to and has to be paid by Doedijns B.V.

• Deliveries made by you as of 1 January 2014: invoice should be issued to and has to be paid by Thermo Electric Instrumentation B.V.

Any new orders after 1 January 2014 will be undertaken by Thermo Electric Instrumentation B.V. Accordingly, all order confirmations, relating to the Instrumentation business issued to Doedijns or otherwise confirmed on Doedijns letterhead, shall be regarded as orders for Thermo Electric Instrumentation B.V.

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