Transaction

Clearwater advises on sale of Apro Wind A/S (DK) to Via Venture Partners (DK)

Transaction

APRO Wind sold to Via Venture Partners

Sell-side

Undisclosed

Role

Adviser to APRO Wind on its sale to Via Venture Partners

Sector

Energy & Utilities
Business Services

Region

Denmark

Nordic private equity group, Via Venture Partners (DK), have acquired 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.

APRO Wind will be added to VBE Holding, who also own 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. The company employs around 200 employees and performs mechanical installation and service tasks for wind turbines manufacturers and park owners, globally.

Clearwater acted as exclusive adviser to the owners of APRO Wind A/S in a structured divestment process.

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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

 Peter Thorlund Haahr, Chairman, VBE Holding
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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.

Esben Schmidt, CEO, APRO Wind

Advisers

Transactions