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ROHR International Acquires IDRECO GmbH


July 18, 2012
By Aggregates & Roadbuilding

idreco_32_m_100_ft_digging_depth_400_tph_sand_mining_dredger_copyJuly
18, 2012, Baltimore, MD – Ellicott Dredge Enterprises (EDE) is pleased to
announce that its subsidiary Rohr International Dredge Holdings, Inc. acquired
the principle business assets of IDRECO GmbH including its current backlog,
inventory and all associated intellectual property (IPR), on June 29, 2012.

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idreco_32_m_100_ft_digging_depth_400_tph_sand_mining_dredger_copyJuly
18, 2012, Baltimore, MD – Ellicott Dredge Enterprises (EDE) is pleased to
announce that its subsidiary Rohr International Dredge Holdings, Inc. acquired
the principle business assets of IDRECO GmbH including its current backlog,
inventory and all associated intellectual property (IPR), on June 29, 2012.
IDRECO, which is based in Heerenberg, the Netherlands, approximately 100 km
from Amsterdam, will continue to remain there and operate as a newly formed
subsidiary of Rohr International Dredge Holdings, Inc. named IDRECO B.V. ROHR
has operations in Mannheim, Germany and Wisconsin, USA.

IDRECO is a leader in deep digging electrical suction and cutter suction
dredges serving primarily the sand and gravel and mining sectors, especially in
Europe. In addition, IDRECO has all the patterns and IPR related to the
well-known Bageema dredge and pump line, associated with almost 100 delivered
units. ROHR/IDRECO will continue to support those installations with parts,
service, and inventory.

Wim Snippe will remain as IDRECO's Managing Director together with Joachim
Seitner as Vice President of Sales and their entire management team.

"IDRECO will complement ROHR'S bucketladder and clamshell dredge mechanical/hydraulic excavating
technology, cementing our position as the lowest cost per ton producer for deep
digging dredging for the sand and gravel and mining industries" said
ROHR'S Managing Director Heiko Osterchrist. Osterchrist added that ROHR/IDRECO
intends to offer this additional technical option for executing mining dredging
requirements to its customers not only in Europe, but globally as well.

EDE's President Peter Bowe said, "Having IDRECO as part of the EDE
group will increase our footprint in the European market place, as well as
fulfill our continuing corporate pursuit of new dredging technology solutions
for all our customers worldwide."

Wim Snippe of IDRECO said, "We are very excited about being part of ROHR
Dredge and the Ellicott family. The combination will allow us the opportunity
to introduce our dredges through the Ellicott/ROHR network." IDRECO's
latest energy-efficient sand dredgers use IDRECO 's highly efficient pumps and
dredger control systems such as the IDRECO-designed 'Dredgercontrol'
intelligent system for automatic guidance and illustrate IDRECO's
forward-thinking approach.

With Snippe's many years of experience as a sand and gravel plant operator and
owner, IDRECO will continue to approach dredge design from an operator's perspective.
For example, IDRECO now uses air shocks to minimize vibration and noise in the
operator's cab. IDRECO dredges can be delivered in standard container size to
minimize freight and reduce site assembly costs. 

The major trends in sand and gravel mining are accommodating deeper digging,
lowering operating costs per ton, especially via electric power, and achieving
more environmentally-friendly excavation methods. IDRECO and ROHR dredges are
all electric-driven, and assist sand and gravel miners in realizing their
objectives consistent with these major trends.