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Dutch tank builders Verwater and SJR merge

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Picture of Meenal Datar

Meenal Datar

Membership specialist

Two leading Dutch tank building and maintenance companies – Verwater Group from Hoogvliet and SJR Group from Rotterdam – have merged.

The Verwater SJR Group says that the two companies’ combined complementary product and service portfolios will allow it to provide the most comprehensive range of services for tank storage in the ARA area, from new construction, both on-site and prefabricated, to maintenance. The merger was signed by Verwater CEO Wichard Huigen and SJR managing director and owner Robert Sloot. Sloot will become a board member of the new Group.

Huigen says that the Verwater SJR Group is expected to achieve an annual turnover of more than €200m, and that merging with SJR fits with Verwater’s corporate strategy of operational power, diversification and innovation. He adds that the cultures of the two companies are very similar.

‘SJR Group has gone through a turbulent period of development in recent years, and we have great plans. By joining forces with Verwater we will be better placed to realise these ambitious and innovative goals. We have found our dream partner in Verwater, because they are strong in process-wise tank maintenance as well as structured project management, and provide an extensive package of services. Together we will be able to meet any demand. There really will be no other party that can provide our breadth of scope. I am therefore more than eager to start working on this complete portfolio with a wonderful team of professionals,’ says Sloot.

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