Royal IHC and DIHAG Jointly Acquire Allard-Europe

Royal IHC and German company DIHAG Holding GmbH have jointly acquired the Belgian steel and iron foundry, Allard-Europe NV.

IHC and DIHAG each take an equity stake of 40% and 60% respectively.

Through this acquisition, IHC is able to realize a reliable supply chain (competitive on price, quality and delivery time) for strategically important casting products, as well as improve its product development capabilities.

At its foundry in Turnhout, Allard-Europe casts high-grade steel and iron components, which it then supplies to various markets including dredging, offshore and shipbuilding.

The company specializes in bespoke products and short production runs.

DIHAG does not yet operate in this market segment and intends to implement a number of operational revisions, after which an improved market position and a growth in revenues is expected.

 

 

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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