The Federal Cartel Office gives EnBW the green light for the acquisition of Connected Wind Services A/S
Karlsruhe. The Federal Cartel Office has now given the green light to the acquisition of the service provider Connected Wind Services A/S (CWS). Therefore, the way is also now clear from an anti-trust law perspective for EnBW Energie Baden-Württemberg AG to acquire CWS. A corresponding purchase contract was signed on 3 August 2016 with Polaris Private Equity – the majority shareholder of CWS. The transaction is now expected to be concluded in the fourth quarter of 2016.
EnBW is resolutely pushing forward the expansion of the renewable energies business field with the acquisition of the manufacturer-independent service provider CWS that has headquarters in Denmark and national subsidiaries in Germany and Sweden. As a result, EnBW is strengthening its position as a full-service provider for the planning, construction, operation, maintenance and servicing of wind turbines and becoming a significant player in the fast growing area dealing with the servicing and maintenance of wind power plants.