Nordic private equity group, Via Venture Partners (DK), acquire APRO Wind A/S (DK), a prominent installation and services provider to the global on- and offshore wind industry in a sale advised by Clearwater International (DK). APRO Wind will be added to VBE Holding, who also owns VB Enterprise A/S (DK), a global leading services provider to the offshore wind industry.
Based in Jutland, Denmark, APRO Wind was founded in 1998 by Lauge Fredhave, and was later joined by 50% owner, Henrik Møller Jensen. Today, the company employs around 200 employees and performs mechanical installation and service tasks for wind turbine manufacturers and park owners, globally.
Clearwater International acted as exclusive advisor to the owners of APRO Wind A/S in a structured divestment process. The process was led by Partner John Jensen and supported by Director Carsten Rydahl Simonsen.
“APRO Wind has achieved impressive growth during the last years, much of this thanks to its exceptional track record of successful international projects within complementary areas to VB Enterprise. By working together the two companies will have a comprehensive full-service offering within both High Voltage- and Mechanical installations and services”, said Peter Thorlund Haahr, Chairman of VBE Holding.
Together with VB Enterprise we will form an even more competitive offering and in VBE Holding we will have a knowledgeable owner with the financial resources to support our continued expansion”, said Esben Schmidt, CEO of APRO Wind.