Semco Maritime acquires Wind Multiplikator Group
Semco Maritime has agreed to acquire Germany’s Wind Multiplikator to establish a major European offshore wind service company.
The acquisition will accelerate the 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.
The combined service business will have 455 employees operating across the entire offshore wind service value chain. The acquisition will drive accelerated growth through wider market access, sales synergies and stronger competencies enabling greater value creation for existing and new customers.
“We are excited about this acquisition, the skilled and experienced Wind Multiplikator team, and we look forward to combining our strengths and building a true powerhouse in offshore wind service with an even stronger offering to our customers. This partnership marks an important milestone in our Sustainable Growth strategy and the efforts to shift the balance towards our Renewables business and deliver more integrated services,” says Steen Brødbæk, CEO of Semco Maritime.
Semco Maritime said in a statement that it is aiming to create the best framework for leveraging the growth opportunities in the offshore wind market, which is expected to quadruple by 2030, and the acquisition will contribute to this.
“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’.
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