Smulders acquiring platform engineering group HSM, subject to approvals

Smulders acquires HSM Offshore Energy — Last month the HSI joint venture (HSM Offshore Energy, Smulders and Iv) moved the topside for the Jasmund offshore substation and lifted the transformers at HSM Offshore Energy’s Stormpolder yard in the Netherlands.

Eiffage Métal’s Belgian subsidiary Smulders has entered into an agreement to acquire fabrication group HSM Offshore Energy.

Based in Schiedam, the Netherlands, HSM provides engineering, procurement, construction, installation and commissioning (EPOCIC) services, such as electrical and mechanical systems for offshore energy projects as well as platform topsides for offshore wind and oil and gas developments. Its services range from design and engineering to offshore hook-up and commissioning. The company employs 140 staff, with annual revenues close to EUR300 million ($324 million).

Smulders performs engineering and construction of transition pieces, jackets and HVAC substation structures for the offshore wind sector.

The two companies are already collaborating on large-scale offshore wind projects. Recent programs have involved integration of auxiliary and high-voltage equipment for developments offshore Germany and Belgium.

The transaction remains subject to approvals from competition authorities in Europe.

Smulders in the news:

HSM Offshore Energy Rolls Out Jasmund Offshore High-voltage Substation

Renewable Energy

Baltic Sea Jasmund topsides loaded out at HSM yard

March 28, 2025

The HSI joint venture has moved the topside for the Jasmund offshore substation and lifted the transformers at HSM Offshore Energy’s Stormpolder yard in the Netherlands.

Equinor and Polenergia award contract for offshore wind foundations for the Bałtyk 2 and 3 offshore wind farms

Renewable Energy

Smulders secures construction contracts for Bałtyk 2 and Bałtyk 3 offshore wind farms

Sept. 6, 2024

Equinor and Polenergia-owned companies have awarded Smulders construction contracts for the Bałtyk 2 and Bałtyk 3 offshore wind farms in the Polish sector of the Baltic Sea.

Renewable Energy

Elia lets contract for artificial island wind substations offshore Belgium

June 21, 2024

A joint venture between HSM Offshore Energy, Smulders and Iv has won an EPCIC contract for the Modular Offshore Grid 2 project.

Renewable Energy

Fabricator adds giant DC platforms to offshore wind portfolio

April 12, 2024

According to Arnaud De Villepin, Director Energy & Industry at Eiffage Métal, Smulders has built over 30 AC platforms for fixed offshore wind developments over the past 15 years...