MerweOord to acquire a 20% stake in IQIP from HAL Investments.

MerweOord, a family holding company of the Van Oord family, agreed to acquire a 20% stake in IQIP, a supplier of foundation and installation equipment to the offshore wind, coastal & civil, and oil & gas markets, from HAL Investments, a Dutch investment subsidiary of HAL Holding. Financial terms were not disclosed.