Through its wholly owned Danish subsidiary Danbor, NorSea Group has acquired the Danish wind power company Øer.
NorSea Group said that, with its owners (Wilh. Wilhemsen, Eidesvik and Møkster), it has extensive expertise, infrastructure and equipment that it wants to utilise for the wind power market, especially offshore wind.
“Our goal is to be a partner that can deliver services across the entire value chain within both installation and operation of wind turbine farms. We will initially focus on the North Sea and the Baltic Sea but we envision being able to subsequently deliver to the global market,” says Group CEO John Egil Stangeland of NorSea Group.
ØER was founded in 1963 and carries out business in Denmark, Germany, the UK and France. The company has 120 employees and has entered into contracts with the key players in the market. ØER has the capacity, expertise and network to ensure that NorSea Group gets off to a positive start as this emerging market continues to develop, NorSea said.
ØER will continue to operate as an independent company, wholly owned by NorSea Group’s Danish subsidiary Danbor. With 120 new wind power specialists, the group is gaining incredible strength within this market.
“The acquisition of ØER has given us an extremely strong international platform for continued growth in the installation, operation and maintenance and service of the wind turbine industry,” says Jørn Bue-Madsen, CEO of Danbor .
“We at ØER feel confident that we have found the right owners to ensure the company’s continued growth and that we will be able to maintain quality, employee experience and high professional levels,” says Rasmus Bøgelund, Managing Director of ØER.
For NorSea Group and its owners, the acquisition is part of the work to equip the group for the next 50 years. “Wind power is part of the future. We will now have another leg to stand on, creating synergies with our bases,” the Group CEO says.