DEME Signs Agreement to Acquire Havfram
Deal News | Apr 09, 2025 | Globenewswire
DEME, a prominent player in the Euronext stock exchange, has announced its plans to acquire Havfram, a Norwegian-based international offshore wind contractor. This acquisition is a strategic move by DEME to enhance its presence in the offshore wind energy sector, particularly focusing on turbine and foundation installations. By acquiring Havfram, DEME aims to bolster its competitive edge and expand its operations within the renewable energy market. This move also reflects DEME's long-term growth strategy in renewable energies, seeking to strengthen its market position in Europe and beyond.
Sectors
- Renewable Energy
- Offshore Wind Infrastructure
Geography
- Norway – Havfram, the target company, is based in Norway.
- Belgium – DEME, the acquiring company, is listed on the Euronext stock exchange and based in Belgium.
Industry
- Renewable Energy – The article focuses on the acquisition in the offshore wind energy industry, a key segment of the renewable energy sector.
- Offshore Wind Infrastructure – The companies involved specialize in offshore wind infrastructure, highlighting the industry's significance to their business operations.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DEME | Acquiring Company | Company | A company listed on the Euronext stock exchange, focusing on expanding its footprint in the offshore wind energy market. |
| Havfram | Target Company | Company | An international offshore wind contractor based in Norway. |