FoundOcean Group has acquired a majority stake in CAPE Holland Group, the vibro-piling specialist based in The Netherlands.

Jim Bell, Managing Director at FoundOcean Ltd explains the reasoning behind the acquisition; “The board of the FoundOcean Group aims to assemble businesses which are adjacent to FoundOcean’s existing activities and contribute innovative and exceptional technologies to the offshore construction industry. Cape Holland, with their vibro-piling technology, are seen as fitting these requirements perfectly.”

Laurens de Neef, Managing Director at CAPE Holland Group agrees. “Bringing together like-minded innovative companies, who are also the leaders in their fields, is a fundamental step towards being able to offer the global offshore construction industry a more progressive and competitive option.”

Tags: FoundOcean