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HSM Offshore Energy joins Eiffage, through Smulders, to form a new Centre of Excellence for the offshore renewable energy industry

HSM Offshore Energy joins Eiffage through Smulders

Published on 31 March 2025

HSM Offshore Energy is proud to announce that we are becoming part of Eiffage, a move that marks the next chapter in our company’s growth and ambition to lead in the offshore energy transition. Smulders, a subsidiary of Eiffage Métal, has acquired 100% of HSM Offshore Energy.

This strategic step, fully supported by HSM Offshore Energy’s management and shareholders, builds further on a strong foundation of collaboration. Over the years, HSM Offshore Energy and Smulders have successfully partnered on several complex offshore energy projects demonstrating our shared commitment to quality, innovation and reliability. Together, we cover the full EPCIC value chain for offshore topsides and high voltage substations, offering complementary strengths in engineering, fabrication and project delivery.

Accelerating in a growing market

The offshore renewable energy market is evolving rapidly, and so are we. With the growing scale and complexity of offshore wind projects and the emergence of new markets, financial strength and technical innovation are more important than ever. Becoming part of the Eiffage group gives HSM Offshore Energy access to an even broader network of production facilities, allowing to better serve clients and take on larger, more complex projects from monopiles, transition pieces, jackets and large offshore topsides.

A proud milestone in our journey

Following several years of strong performance, including a record turnover approaching € 300 mln in 2024 and the expansion of our second yard in Stormpolder, HSM Offshore Energy is well-positioned to meet growing market demands. The offshore energy sector is scaling up fast not just in wind, but also in areas like carbon capture & storage and green hydrogen and this combination gives us access to greater capacity, enhanced engineering resources, and the financial strength needed to compete at the highest level.
We see this as a new chapter in our journey. One that builds on our momentum, safeguards our entrepreneurial culture, and opens up new opportunities for our clients, our partners, and our people.

Together with Smulders, we are creating a leading Centre of Excellence for the offshore renewable energy industry—ready to deliver the energy infrastructure of the future.

The transaction is subject to approval by the competition authorities.

About HSM Offshore Energy
HSM Offshore Energy is an integrated solution provider in EPCIC (Engineering, Procurement, Construction, Installation and Commissioning) multi-disciplinary offshore projects. By leveraging engineering know-how and technological excellence, driven by our commitment to a sustainable energy future, we are the contractor of choice for the offshore energy sector. With our 60 years of offshore experience, we delivered successfully well over 150 projects such as integrated platforms, modules, and jackets for the offshore upstream energy sector. Focusing on High-Voltage Substations, Green Hydrogen Platforms, Gas Production and Processing Modules, Carbon Capturing and Storage infrastructures and its steel jacket foundations.

About Eiffage
Eiffage is one of Europe’s leading construction and concessions companies. The Group’s activities are organised around the following business lines: construction, real estate and urban development, civil engineering, metal, roads, energy and concessions. Thanks to the experience of more than 84,400 employees, Eiffage generated revenue of €23.4 billion in 2024, of which 34% was outside France.

Eiffage Métal is the Eiffage group’s brand dedicated to turnkey metallic construction. Its teams design and build construction shells and façades, and engineering structures. Eiffage Métal is an industry leader, particularly in the offshore wind sector, specialised in complex, multi-technical projects. With a strong European and international presence and nine production plants, Eiffage Métal employs more than 2,000 people.

About Smulders
Smulders, subsidiary of Eiffage Métal, is multidisciplinary and international organisation with a passion for steel and sustainability. Our facilities are located in Belgium, the Netherlands, Poland and the UK. We take care of full engineering, manufacturing and systems integration projects predominantly for the offshore wind market. Smulders is the European market leader when it comes to the engineering and construction of foundations and substations for offshore wind projects. To date, we have produced more than 2,500 transition pieces, 160 jackets, 3 floating foundations, and 40 substations.

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