Deme has finalised its acquisition of Havfram, an international offshore wind contractor headquartered in Norway.
The transaction, valued at approximately €900 million, has satisfied all customary closing conditions. Deme Offshore Holding, a wholly owned subsidiary of Deme Group, has acquired all shares in Havfram Wind Holdco from Sandbrook Capital and the Public Sector Pension Investment Board (PSP Investments). The Havfram team will now be integrated into Deme’s Offshore Energy segment and operate under the Deme brand.
