DEME Signs Deal for Havfram Acquisition
Deal News | Apr 09, 2025 | Globenewswire
DEME Group (Euronext: DEME), a prominent player in the marine engineering and environmental services sectors, has announced its strategic acquisition of Havfram, a Norway-based contractor specialising in offshore wind infrastructure. With this move, DEME seeks to bolster its capabilities within the offshore wind energy market by enhancing its position in turbine and foundation installations. This acquisition is aligned with DEME's goal of amplifying its operational strengths and competitive stance in the burgeoning field of renewable energy.
Sectors
- Offshore Wind Energy
- Renewable Energy
Geography
- Norway – Havfram, the target company acquired by DEME, is based in Norway.
- Belgium – DEME, the acquiring company, is headquartered in Belgium.
Industry
- Offshore Wind Energy – The acquisition of Havfram by DEME is a strategic move in the offshore wind energy sector, which involves constructing and maintaining wind farms located in marine environments.
- Renewable Energy – The acquisition supports the growth of DEME in the renewable energy sector, highlighting their commitment to sustainable energy solutions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| DEME Group | Acquirer | Company | DEME Group is a leading player in the field of marine engineering and environmental services. |
| Havfram | Target | Company | Havfram is a Norwegian company specializing in offshore wind infrastructure. |