Unsupported browser

For a better experience, please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Investment firm acquires Cape Holland and Found Ocean

cape holland vibro offshore wind

Cape Investment Partners has announced that it has bought out the majority shareholding in offshore piling equipment manufacturer Cape Holland and offshore grouting business Found Ocean.

Cape Investment Partners has said that the acquisition of the holding from sustainability focused private equity investor Ambienta is the start of a new phase for both companies.

According the investment firm, the acquisition will position both firms for growth in the rapidly expanding offshore wind and recouping offshore oil and gas markets.

Cape Holland CEO Laurens de Neef said: “I’m delighted that, with the new shareholding structure, we are able to maintain our independent position within the industry and fully focus on our global expansion of our unique pile driving services.”

Found Ocean CEO Jim Bell added: “We are delighted that Cape Investment Partners has chosen to invest in Found Ocean as this will allow the company to continue its growth, develop its technology, and maintain its leading position in the markets it serves.”

Want to read more? Subscribe to GE’s enewsletters and follow us on Twitter and LinkedIn


Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.