EnergyWatch

Jupiter Bach: Next target Brazil and India

The continuing focus on lower energy prices requires volume in the wind industry. This has received a new boost from Denmark's recent merger of Jupiter Group and Bach Composites, while at the same time the merger generates opportunities in new markets, says the CEO.

Photo: ritzau/Ole Frederiksen

If a company wants to serve as supplier to the major players on the market, then it needs to have enough strength. This is the gist of the analysis at Jupiter Group, which announced a merger ThursdayS with competitor Bach Composites.

The two companies will have a combined revenue of around DKK 1 billion (EUR 134 million) with approximately 1,200 employees and the merger will be completed sometimes this year under a not-yet revealed name. The combined company will have production in Denmark, Poland, Lithuania, Spain, China, and the US.

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