Deutsche Windtechnik AG Acquires seebaWIND Service GmbH

Posted by NAW Staff on June 10, 2015 No Comments
Categories : New & Noteworthy

In a deal that extends its service offering, Deutsche Windtechnik AG acquired 100% of the shares of seebaWIND Service GmbH and Level 360 Gesellschaft Rotor- und Gittermastservice mbH.

The acquisition positions Deutsche Windtechnik for further growth in the international onshore and offshore service markets. In particular, the deal enables Windtechnik to expand its systems technology from the present focus on Vestas/NEG Micon and Siemens/AN Bonus to the machine technologies offered by Nordex, Senvion and Fuhrlander.

According to Deutsche Windtechnik, the deal adds about 300 service contracts to the Deutsche Windtechnik Group, resulting in a managed portfolio of 2,542 wind turbines. The acquisition also increases Windtechnik's workforce by 75 to 690.

Both parties see anticipate the potential by working together.

‘The technical competence, particularly in relation to Nordex, Senvion and Fuhrlander turbines, will perfectly complement our own expertise and satisfy the high demand from wind park operators for a one-stop service. It will also make it easier to manage national and international growth as well as offshore activities,’ says Matthias Brandt, chairman of Deutsche Windtechnik AG.

seebaWIND Service's joint managing director, Holger Hamel, adds, ‘The wind market has changed over the last 20 years: The size of operators, internationalization, documentation, health and safety requirements, remote data monitoring, full maintenance contracts and much more – things are changing everywhere.’

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