Independent journal on economy and transport policy
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OFFSHORE
DEME buys Havfram, a company that installs offshore wind farms
Transaction worth approximately 900 million euros
Zwijndrecht/Washington
April 10, 2025
The Dutch group DEME, which is mainly active in the
dredging, offshore energy, infrastructure sectors
maritime and environmental works, signed a
agreement to buy the Norwegian Havfram, a company that offers
services and means for the installation of offshore wind farms. The
Havfram will be sold for about 900 million euros by the
current owners, the US investment firm
Sandbrook Capital and the Canadian pension fund Public Sector
Pension Investment Board (PSP Investments), who founded it in
2021. The transaction is expected to be brought to
deadline within the current month.
Currently Havfram, which has about 50 employees, has a
order backlog worth 600 million euros.
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The Dutch group DEME, which is mainly active in the
dredging, offshore energy, infrastructure sectors
maritime and environmental works, signed a
agreement to buy the Norwegian Havfram, a company that offers
services and means for the installation of offshore wind farms. The
Havfram will be sold for about 900 million euros by the
current owners, the US investment firm
Sandbrook Capital and the Canadian pension fund Public Sector
Pension Investment Board (PSP Investments), who founded it in
2021. The transaction is expected to be brought to
deadline within the current month.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
