Royal IHC has acquired SAS Offshore, which is based in Alphen aan den Rijn, The Netherlands. SAS Offshore is specialised in designing and manufacturing high quality deck equipment for the offshore oil and gas market.  This acquisition enables IHC to further secure its position as a supplier of reliable integrated offshore systems and integrated vessels in this sector.

Royal IHC furthermore acquired a majority stake in Brastec Technologies, based in Brazil. Brastec Technologies designs and builds value-added, tailor-made production lines for the production of umbilicals and flexible pipes.  This transaction fulfils two important elements of IHC business strategy: a foothold in the important Brazilian market; and the acquisition of Dutch-based SAS Offshore, which was fully owned by Brastec Technologies.

Houthoff Buruma advised IHC on this transaction, together with a team from Machado Meyer Sendacz Opice.

Houthoff Buruma team included: Michiel Pannekoek, Bram Caudri, Ageeth Panman, Anne Alkemade