Norway’s Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and its subsidiaries to expand its offerings in the the renewable wind energy market.
NorSea Wind, a subsidiary of NorSea Group, provides project management and logistics planning throughout all stages for on- and offshore wind farm projects.
“NorSea Wind offers an exciting opportunity for WSM to strengthen our service offering within the wind energy market. This acquisition complements WSM’s strong experience in marine asset operation and maintenance. The acquisition will combine core competencies from both parties to deliver a full range of service offerings throughout the whole value chain,” said Carl Schou, president and CEO of WSM.
“This acquisition provides a major growth opportunity for both parties to lead and meet the growing future requirements in the wind energy sector. With the rapid market development, our combined competencies as a total solution provider will be best positioned to support stakeholders on the evolving journey,” said John Stangeland, president and CEO of Norsea Group.
WSM and Norsea Group are part of the Wilhelmsen group companies. NorSea Wind will be positioned as the group’s platform towards the global renewable wind energy market.