IHC Merwede Acquires The Engineering Business
IHC Merwede acquired The Engineering Business (EB) on 7 March 2008. The company is dubbed the fastest growing company in the north east of England. The deal is said to bring significant benefits for IHC Merwede, EB and the north east of England EB will now trade as IHC The Engineering Business.
EB was founded in April 1997 by a four-man team of engineers led by managing director, Dr Tony Trapp. Today EB is a team of 150 people (predominantly graduate professional engineers) and has a current order book exceeding £60 million to be delivered to the offshore industry over the course of the next three years.
EB specialises in designing, building and supplying, elegant engineering solutions for the offshore oil and gas, submarine telecom, defence and offshore renewables industries.
IHC Merwede is world market leader in the construction of specialist dredging equipment and complex custom-built offshore vessels. The clients of IHC Merwede include major dredging companies, oil and gas exploration groups, offshore contractors and government authorities. The company has a staff of approximately 2200 at locations in Holland, China, Houston, India, the Middle East, Russia and Singapore and like EB focuses on providing innovative, high quality products to its customers.
Govert Hamers, President IHC Merwede, say that EB delivers high quality bespoke vessel equipment. IHC Merwede produces specialist vessels. Tony Trapp adds that EB can continue its rapid growth, providing long term security for the dynamic staff team with significant benefits for the north east of England, home to a highly talented supply chain.
Under the IHC Merwede banner, EB is assured of an exciting, creative and rewarding future. The company will be strengthened with IHC Merwede board members.
