Announced
Financials
Tags
medical technology
Private Equity
Cross Border
renewable energy
Private
Minority
Single Bidder
Renewable Energy Equipment
Denmark
Friendly
wind turbines
Pending
Acquisition
Synopsis
FSN Capital, a Northern European private equity investment firm, and Verdane, a specialist growth equity investment firm, agreed to invest €135m in Polytech, a wind turbines company. “As wind turbines are growing bigger and more complex, there is a need for more sophisticated solutions to enhance and protect these assets. Through strategic partnerships, we support our customers in ensuring that their wind turbines withstand a lifetime of more than 35 years with optimized energy production in a harsh environment. The partnership between FSN and Verdane reinforces our ambitions of being on the forefront of technology development and further international growth within the wind industry,” Mads Kirkegaard, Polytech CEO.
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