DIHAG Holding along with Dutch company Royal IHC has taken over the Belgian steel and iron foundry Allard-Europe NV. DIHAG Holding based in Essen, Germany, and Royal IHC, specializing in shipbuilding and equipment for maritime construction, have formed a joint venture. DIHAG holds a 60% share, Royal IHC 40%.
Photo courtesy of DIHAG Holding
“With the Allard-Europe takeover, we are strengthening our position in Europe and adding high-quality and application-engineered materials to our portfolio,” explain Stefan Mettler, Technical Director, and Dr. Heiko Brauckhoff, CSO of DIHAG Holding. “The joint venture with Royal IHC will allow us to enter new industries and target markets in the area of subsea construction.”
“DIHAG Holding brings technical expertise from foundry processes to the table, and they are thus the right partner for us to continue to develop materials for our demanding market,” explains Sander Korving, Director Supply Chain Management at Royal IHC.