Sif Holding and Royal IHC have signed an agreement on an intended acquisition by Sif of KCI the engineers (KCI). Final agreement is subject to due diligence outcome and foreseen in the first quarter of 2021.
Works Councils of parties involved have been informed or asked to advise on the intended acquisition. Financial details will not be disclosed. By adding design engineering skills, Sif takes a next step in its development towards an integrated total solution partner for offshore wind monopile products and services. KCI is founded in 1987 and is an experienced player in the design and project management of complex offshore engineering projects. Reference projects include oil & gas greenfield and brownfield engineering, leisure and renewables.