Royal IHC Acquires 50% Stake in ROG
- Business & Finance
Royal IHC has announced its acquisition of 50% of the share capital of Rotterdam Offshore Group (ROG).
The agreement will enable IHC to strengthen its ship repair and conversion capabilities with the addition of a dedicated facility in Rotterdam, which has uninterrupted access to open sea.
Located in Rotterdam, ROG has lay-by facilities for vessels up to 300m, heavy-lift crane capacity, a large yard area and a fully equipped workshop. The company has repeatedly facilitated conversion, ship repair and (de)mobilization projects for some of the largest and most significant players in the offshore, dredging and maritime industries.
By joining forces with ROG and using its dedicated facilities, Royal IHC will be able to further expand its services for complex renovations and conversions.
The complementary competences of both companies result in full packages for conversions, (de-)mobilizations, and maintenance and repair for the whole spectrum of offshore, dredging and maritime vessels and equipment.