HSM Offshore Energy is an integrated solution supplier in EPCIC (Engineering, Procurement, Construction, Installation and Commissioning), in particular electrical and mechanical systems for offshore substation topsides for energy projects. It also operates in carbon capture & storage platform (CCS). The company delivers clients with multidisciplinary projects from design and engineering to offshore hook-up and commissioning. Created in 1914, HSM Offshore Energy is located in the Rotterdam area and generates annual revenues approaching 300 million euros with 140 employees.

Smulders specializes in large and complex steel construction projects including the engineering and construction of transition pieces, jackets and HVAC substations structures.

HSM Offshore Energy and Smulders are strongly complementarity across the EPCIC value chain to provide topsides for offshore wind farms. The parties frequently cooperate as offshore projects increase in size. The integration of the two companies will strengthen their efficiency and their capacity to deliver large projects for the benefit of customers in a broader addressable market.

Recently Smulders and HSM Offshore Energy have partnered on significant projects for the integration of auxiliary and high voltage equipment off the coasts of Germany and Belgium.

This acquisition will reinforce Eiffage Group’s position on the European sustainable energy market.

The transaction is subject to approval by the competition authorities.