FoundOcean Group recently acquired a majority stake in CAPE Holland Group, the vibro-piling specialist based in The Netherlands.
“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,” says Jim Bell, managing director at FoundOcean. “Cape Holland, with their vibro-piling technology, are seen as fitting these requirements perfectly.”
“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,” says Laurens de Neef, managing director at CAPE Holland Group.
The benefits of vibro-piling far outweigh those of impact hammered or drilled piles, says de Neef. “Putting aside the considerable reduction in noise pollution, our technology offers improved handling efficiency, rapid penetration speeds, which can exceed six meters per minute, more accurate verticality during the installation process, as well as the advantage of pile extraction and repositioning in the event of a refusal.”
The two entities will continue to operate as separate businesses under parent company, FoundOcean.
CAPE Holland Group
Filed Under: News, Offshore wind