Royal IHC has announced that it is to merge four of its business units in order to a fully integrated solution for on and offshore installation, foundation and decommissioning to customers in the oil and gas, offshore wind, and coastal and civil engineering markets.
The new division will combine the operations of IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment under the name of IHC IQIP.
“Many of our customers are already working with one or more of the four IHC business units now integrated under the IHC IQIP umbrella,” said IHC CEO Bram Roelse. “This merger was the next logical step in our desire to quickly respond to clients’ requirements. In this way we further strengthen this vital part of our activities and create room for further growth. IHC IQIP will continue to contribute substantially to IHC’s overall proposition for its onshore and offshore customers.”