Danish wind supplier sold for more than DKK 100 million
Consolidation in the Danish wind turbine industry continues with the takeover of a composite manufacturer with facilities in both the US and Denmark.
Listed Danish plastics company SP Group has acquired MM Composite. The total price for the Danish composite manufacturer, which primarily services the wind industry, totals DKK 105 million including debt takeover, ahead to 2020, assuming growth targets are met. The minimum price is DKK 61 million, informs SP Group in a press release.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Floating wind turbines are flying
For subscribers
FTI: Sinks short-term forecast, but raises the longer-term
For subscribers
Danish firm lands wind contract in Vietnam
For subscribers
.jpg&w=384&q=75)
