IHC Merwede acquires EB

March 13, 2008
IHC Merwede has acquired The Engineering Business (EB).

Offshore staff

THE NETHERLANDS -- IHC Merwede has acquired The Engineering Business (EB). The company, based in Northumberland, England, will now trade as IHC The Engineering Business.

EB specializes in designing, building, and supplying engineering solutions for the offshore oil and gas, submarine telecom, defense, and offshore renewables industries.

"This is a great deal on so many fronts," says Govert Hamers, president of IHC Merwede. "EB delivers high-quality bespoke vessel equipment. IHC Merwede produces world class specialist vessels. Bringing the two companies together is a perfect match strategically and culturally and means that we can provide fully integrated vessels with state of the art technology from a single supplier. This dramatically widens the market potential for IHC Merwede."

03/13/2008