IHC Merwede acquired specialist design, engineering and construction company The Engineering Business (EB) on 7 March 2008. The company is based in Riding Mill, Northumberland, UK, and is dubbed the fastest growing company in the north-east of England. EB will now trade as IHC The Engineering Business.
The Engineering Business
EB was founded in April 1997 by a four-man team of engineers led by managing director, Dr Tony Trapp. Today EB has 150 employees (predominantly graduate professional engineers) and has a current order book exceeding £60 million to be delivered to the offshore industry over the course of the next three years.
EB specialises in designing, building and supplying engineering solutions for the offshore oil and gas, submarine telecom, defence and offshore renewables industries.
Market Potential
“This is a great deal on so many fronts,” says Govert Hamers, President IHC Merwede. “EB delivers high quality bespoke vessel equipment. IHC Merwede produces world class specialist vessels. Bringing the two companies together is a perfect match strategically and culturally and means that we can provide fully integrated vessels with state of the art technology from a single supplier. This dramatically widens the market potential for IHC Merwede.”
Tony Trapp adds “EB can continue its rapid growth, providing long term security for the dynamic staff team with significant benefits for the north-east of England, home to a highly talented supply chain.
Source: https://www.ihcmerwede.com/about_ihc_merwede/news/news_10032008.htm[IHC Merwede]
