EnergyWatch

Jupiter & Bach merger complete

A merger between two Danish subcontractors is now complete, giving rise to a new company with a focus on reducing costs with streamlining.

Photo: Vestas

Two Danish subcontractors have completed a merger and thus created Jupiter Bach, the largest supplier of nacelles and spinner covers. The new entity will focus on reducing wind power's levelized cost of energy (LCoE).

One of the parties behind the merger is Jupiter Group, which produces glass fiber covers for nacelles and is bringing 700 employees and a 2015 revenue of DKK 400 - 450 million to the table (EUR 53 - 60.5  million). The other is Bach Composite, which delivers composite materials to manufacturers such as Vestas and boasts 500 employees and DKK 400 - 450 million in revenue.

Already a subscriber? Log in.

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.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

HitecVision closes first green transition fund

Nordic pension funds are among the investors in the first private equity fund targeting the green transition launched by Norway's largest private equity firm, which has been focusing on the offshore energy industry for more than 30 years.

Further reading

Related articles

Latest News

See all jobs