Wilhelmsen Ship Management (WSM) is acquiring a 50% stake in NorSea Wind and its subsidiaries with an aim to strengthen its foothold in the offshore and onshore wind sectors.
WSM said that with the buy of the 50% share it aims to offer a unified and integrated solution to the wind energy market.
“NorSea Wind offers an exciting opportunity for WSM to strengthen our service offering within the wind energy market,” said Carl Schou , President and CEO of WSM. “ The acquisition will combine core competencies from both parties to deliver a full range of service offerings throughout the whole value chain.”
According to NorSea CEO John Stangeland, the acquisition provides a growth opportunity for both parties to meet future requirements in the wind energy sector.
WSM and Norsea Group, both part of the Wilhelmsen group companies, signed a framework agreement last year to provide a complete technical maintenance solution for TenneT’s offshore and onshore transformer stations and AC electricity transmission systems.