Vestas Seals Deal on Polish Wind Blade Facility with Help from Wolf Theiss
Deal News | May 29, 2025 | CEE Legal Matters
Vestas, a leading player in the wind energy sector, has made a strategic move to acquire LM Wind Power Blades' Polish facility. This transaction is significant for Vestas as it ensures the continued operation of an important manufacturing facility, involving advanced wind turbine blades, under its stewardship. The acquisition is currently pending regulatory approval, which if granted, will allow Vestas to further secure its supply chain and enhance its operational capabilities in Europe. The legal advisors on this transaction were Wolf Theiss, supported by Gorrissen Federspiel, while LM Wind Power was advised by DLA Piper and Plesner. This deal marks another strategic maneuver in the renewable energy sector as industries continuously seek expansion opportunities amidst growing demand for sustainable energy solutions.
Sectors
- Renewable Energy
- Legal Advisory
Geography
- Poland – The geography is focused on Poland as the article discusses the acquisition of a wind blade facility located in Poland.
- Denmark – Vestas, the acquiring company, is a Danish wind turbine manufacturer, linking the transaction to Denmark.
Industry
- Renewable Energy – This industry classification is pertinent as the article revolves around a transaction between companies involved in the wind energy sector, specifically focusing on wind turbine blade manufacturing.
- Legal Advisory – The legal advisory industry is relevant here due to the involvement of legal firms such as Wolf Theiss, Gorrissen Federspiel, DLA Piper, and Plesner in facilitating the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Vestas | Buyer | Company | Vestas is a leading global manufacturer of wind turbines and is acquiring LM Wind Power's Polish blade facility. |
| LM Wind Power | Target Company | Company | LM Wind Power, a business unit of GE Vernova, operates the Polish blade facility acquired by Vestas. |
| GE Vernova | Selling Company | Company | GE Vernova is the parent company of LM Wind Power and is selling the Polish blade facility to Vestas. |
| Wolf Theiss | Legal Advisor to Buyer | Company | Wolf Theiss advised Vestas on the acquisition. |
| Gorrissen Federspiel | Legal Advisor to Buyer | Company | Gorrissen Federspiel collaborated with Wolf Theiss in advising Vestas. |
| DLA Piper | Legal Advisor to Seller | Company | DLA Piper advised LM Wind Power on the transaction. |
| Plesner | Legal Advisor to Seller | Company | Plesner reportedly advised LM Wind Power alongside DLA Piper. |