WSM takes 50% stake in Norsea Wind

Written by Marine Log Staff
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Technicians on wind turbine

Norway’s Wilhelmsen Ship Management (WSM)  is strengthening its foothold in the renewable wind energy market by taking a 50% stake in Norsea Wind AS.

Tananger, Norway, headquartered NorSea Wind, founded in 2016 as a unit of the Wilhelm Wilhelmsen Group, provides project management and logistics planning throughout all stages for on and offshore wind farm projects.

“NorSea Wind offers an exciting opportunity for WSM to strengthen our service offering within the wind energy market,” says Carl Schou, President and CEO of Wilhelmsen Ship Management. “This acquisition complements WSM’s strong experience in marine asset operation and maintenance. The acquisition will combine core competencies from both parties to deliver a full range of service offerings throughout the whole value chain.”

“This acquisition provides a major growth opportunity for both parties to lead and meet the growing future requirements in the wind energy sector,” said John Stangeland, President and CEO of Norsea Group AS. “With the rapid market development, our combined competencies as a total solution provider will be best positioned to support stakeholders on the evolving journey.”

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