EnterNext welcomes Sif, a market leading manufacturer of large steel foundations and components for the offshore wind and oil & gas markets (ticker code: SIFG), on Euronext Amsterdam.
Sif is a leading manufacturer of large steel tubulars which are used as foundation components for the offshore wind and offshore oil & gas markets. The company manufactures customised tubular components for offshore foundations, predominantly in the greater North Sea region. Sif is headquartered in Roermond, the Netherlands, with a production site of over 100,000m2 and 13 production halls, strategically located along a key waterway in the Netherlands.
In total € 112 million was raised. With a market capitalisation of € 357 million the listing of Sif is, so far, the largest this year, within the EnterNext scope.
Jan Bruggenthijs, CEO at Sif, said: “We are very pleased to have completed the listing process, resulting in a listing on Euronext Amsterdam which we celebrate today. Euronext provides a solid platform for Sif, it gives access to the capital markets and provides brand recognition and transparency. We would like to thank our investors for their trust in the company and its management and look forward to executing our growth strategy as a leading manufacturer of large steel tubular foundation components for the offshore wind and offshore oil & gas industries. We are ready for a life as a listed company.”
The company celebrated its listing on Euronext Amsterdam today by sounding the gong. Jan Bruggenthijs, CEO at Sif, was accompanied by Mr. Schmeitz, member of the founding family of Sif.
Next Finance , May 2016
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