Sif Holding
SIFG • AMS
Industrials • Manufacturing
Market Cap
€700.0M
Founded
1948
Employees
700
Headquarters
Roermond, Netherlands
Company Description
SIF is Europe's leading manufacturer of the massive steel foundations that anchor offshore wind turbines to the seabed. Their primary product—the monopile—is a giant steel tube (up to 12 meters in diameter and 120 meters long) that is driven into the ocean floor to support wind turbines weighing hundreds of tons. The company operates two specialized manufacturing facilities in the Netherlands that together can process up to 500,000 tonnes of steel annually. The Roermond site specializes in rolling and welding the steel sections that form monopile components. The Maasvlakte 2 facility in Rotterdam is the world's largest monopile factory, where components are assembled into completed foundations weighing up to 2,500 tons each and transported directly to offshore installation sites. Founded in 1948 in Roermond as a general steel fabricator, SIF evolved over decades to focus on offshore structures, first for oil and gas platforms, then increasingly for offshore wind. The company went public on Euronext Amsterdam in May 2016 as the offshore wind industry began its explosive growth phase. With 75 years of experience, SIF has become the trusted supplier for major offshore wind projects across the North Sea and beyond. Headquartered in Roermond with approximately 700 employees from over 21 countries, SIF is led by CEO Fred van Beers. The company's order book extends years into the future, with major 2026 projects including foundations for the OranjeWind and Hollandse Kust West wind farms. As Europe accelerates its offshore wind buildout to meet climate targets, SIF is positioned at the center of this infrastructure investment wave.