Vestas denies acquisition ambitions – at least for now

While competitors consolidate as if their lives depended on it, Vestas has no current plans to acquire blade manufacturers or competitors. However Anders Runevad understands why others are doing just that.
Dette veritable stalinorgel af vindmøllevinger er produceret af Vestas – og sådan skal det blive ved med at være. | Photo: Vestas
Dette veritable stalinorgel af vindmøllevinger er produceret af Vestas – og sådan skal det blive ved med at være. | Photo: Vestas

The coffers at Vestas continue to fill. Despite the ongoing share buyback program worth EUR 400 million, wind turbine manufacturers grew net liquidity by EUR 33 million in the third quarter of this year,  totaling a staggering EUR 2,116 million.

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