Announced
Synopsis
Renew Holdings, an engineering services group supporting the maintenance and renewal of critical UK infrastructure, agreed to acquire Full Circle, a specialist provider of repair, maintenance and monitoring services for onshore wind turbines, for €60m. "The acquisition of Full Circle represents an exciting opportunity for the Group to enter a high-growth, and fragmented onshore wind services market. Full Circle operates a scalable technology-enabled platform across a diverse customer base with existing long-term contracts and a fast-growing brand in the UK and across Europe. The company's proven track record in its core markets, and highly experienced management team mean the business is well positioned to service other turbine technologies and geographies both through acquisition and an organic growth strategy," Paul Scott, Renew CEO.
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