Wind Energy – Acquisition
International engineering and contracting group Semco Maritime has entered an agreement to acquire Wind Multiplikator Group.
The German Full-Service Provider specialised in management of offshore wind farms and projects as well as provisioning of engineering and consulting services.
The transaction also includes all activities in offshore service provider OWS Offshore Wind Solutions, which is part of Wind Multiplikator Group. The combined Wind Multiplikator Group focuses on offshore wind O&M related activities, including major component exchanges (MCE) and repairs (MCR).
The Wind Multiplikator Group has 250 employees based in Bremen and an operational center in Emden, offering more than 25,000 sqm of indoor hall space and 28,000 sqm of storage space with a holding area of approximately 167,000 sqm at the service hub for offshore wind farms with direct access to the North Sea via a 450 tons gantry crane.
The acquisition will accelerate the positive development of the Wind Multiplikator Group, significantly strengthen Semco Maritime’s position in the offshore wind service market and contribute to the realisation of Semco Maritime’s strategic aim of becoming the global leader for large renewable infrastructure projects and within operations and maintenance (O&M) to offshore wind farms in particular.
“We have established a strong and thriving business with great growth prospects in an attractive market, and we are pleased to join Semco Maritime to accelerate the positive developments, unlock further growth opportunities together and offer our customers a wider range of world-class services,” says Michael Munder-Oschimek, CEO and founder of Wind Multiplikator Group.
The management of Wind Multiplikator Group continues unchanged. Following the transaction, Wind Multiplikator Group will be branded ‘Wind Multiplikator powered by Semco Maritime’.
The parties have agreed not to disclose the purchase price.