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Venterra Group completed the acquisition of Balltec.

Synopsis

Venterra Group, a wind energy services business, completed the acquisition of Balltec, a provider of high integrity connectors for subsea and marine engineering in the renewable energy sector. Financial terms were not disclosed. "Balltec brings deep technical expertise and a history of innovation that fits our ethos of bringing the best marine engineering into the offshore wind industry. Balltec will partner with Osbit our bespoke equipment provider to offshore wind and together they will support the ‘Build’ phase of our growing range of services," Rob Jewkes, Venterra CEO.

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