Sif is a leading manufacturer of large steel tubulars which are used as foundation components for the offshore wind and offshore oil & gas markets. Sif manufactures customised tubular components for offshore foundations, predominantly in the greater North Sea region.

The transaction allowed Egeria Capital B.V. ("Egeria"), Sif's main shareholder, and the founding family to place up to EUR 123,200,000 worth of shares (35% of the total share capital) with institutional investors.

HSBC and ABN AMRO acted as Joint Global Coordinators ("JGCs") on this transaction. We assisted both Sif and Egeria. The deal team was led by Petra Zijp and Leo Groothuis and consisted of Paul van der Bijl, Wouter Wehmeijer, Joppe Schoute and Gwenn Korteweg. Further thanks goes out to Rianna Dekkers, Jacqueline Clement, Arief Roelse (Corporate), Niels Hagelstein (Finance), Homme ten Have, Michiel Verveld (Employment) and everyone involved in the due diligence process.