Acquired Danish wind trio rewards owner with big profit
Two of the three supply companies which were acquired last year by Norwegian equity fund Verdane have increased earnings over the past year by 50 percent, while the third company also booked a record profit.
Norwegian equity fund Verdane Capital seems to made a great deal when it went shopping in Denmark last year and acquired the three companies Jupiter Group, Polytech, and JSB Group. The three acquired companies, all of which are suppliers to the wind turbine industry, are showing major progress in their financial reports for last year.
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