Sif Holding (Sif) and Royal IHC (IHC) have finalised the acquisition of "KCI the engineers" (KCI) by Sif. Works Councils have advised positively on the acquisition and trade unions have been informed.
Financial details will not be disclosed. KCI employs approximately 65 people who realised sales of approximately €9 million in 2020. The management of KCI will continue their management positions. Adding design engineering skills is key for Sif and an important next step in its development towards an integrated total solution partner for offshore wind monopile products and services.