10 August 2022
KK Wind Solutions to acquire Vestas' converter & controls business
The transaction will enable KK Wind Solutions to extend their global footprint and become the world’s leading converter manufacturer for wind
KK Wind Solutions has signed an agreement to acquire the converter & controls business from Vestas, including three converter and control panels factories located in Hammel (DK), Oragadam (IN) and Tianjin (CN).
“The renewable energy transition needs to accelerate in pace. For this to happen, the industry needs to mature faster and scale up significantly from where it is today. Vestas and KK Wind Solutions are today taking another important and brave step, and the two companies will jointly strengthen the wind energy supply chain. Through a strategic partnership, Vestas and KK Wind Solutions will drive and continue to take a leading role in maturing the wind industry and the much needed acceleration of the green transition.”
News from the A.P. Moller Group
A.P. Moller Holding announces recommended voluntary purchase offer for all issued shares in Svitzer
A.P. Moller Holding, the largest shareholder in Svitzer Group A/S (Svitzer) has, through its wholly owned subsidiary APMH Invest A/S, today announced a recommended voluntary purchase offer for all issued shares in Svitzer with the aim of taking the company private to better support its long-term ambitions.
Letter from the CEO
In connection with the publication of A.P. Moller Holding’s Annual Report 2024, our CEO, Robert M. Uggla shares his reflections on last year’s activities and highlights from across the A.P. Moller Group.
Annual Report 2024
A.P. Moller Holding delivered strong results in 2024