5th of November 2020, Sliedrecht
Purchase Agreement signed for divestment of IHC Fundex by IHC IQIP
Hereby IHC IQIP announces the divestment of IHC Fundex. The purchase agreement was signed last week. We congratulate Hydrauvision as the new owner and Mr. R. Thomaes as MD. Fundex has been part of IQIP since the start of the IQIP organization in 2016.
Over these years, Fundex has established a strong position in the coastal and civil market, with a focus on high-end drilling rigs. Fundex has been a steady contributor to the growth of IQIP in the coastal and civil market.
Based on our recent revised strategy, IQIP decided to divest Fundex to offer the most growth potential for both brands. By doing so, IQIP will bring focus on our piling and handling product portfolio in the coastal and civil market.
IQIP makes the next step in the execution of our strategy to become the piling specialist in the onshore and offshore market. Our mission is to offer our clients a solution for all their project challenges.
IQIP will remain to support Fundex with the sales of their equipment via the broad international network of IQIP locations.
Hereby we wish the best of luck to our colleagues at IHC Fundex and the new owner Hydrauvision.
For more information, please contact:
Manager Strategy & Marketing