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Announced

A.P. Moller acquired KK Group from Solix Group.

Synopsis

A.P. Moller acquired KK Group, which manufactures products for wind turbines, from private equity firm Solix Group. Financial terms were not disclosed. “Denmark is the leading hub for the wind industry worldwide with significant global growth potential. We look forward to supporting KK Wind Solutions’ further development and growth in this important industry”, chief investment officer of A.P. Moller holding, Jan T. Nielsen, said in a statement.

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