KK Wind Solutions Acquires Vestas' Converter & Controls Business

August 10, 2022

KK Wind Solutions, owned by A.P. Moller Holding, has completed the acquisition of Vestas' converter & controls business, including three factories in Hammel (Denmark), Oragadam (India) and Tianjin (China) and roughly 600 employees. The deal expands KK Wind Solutions' manufacturing footprint and production capacity, secures exclusivity to supply converters and controls to Vestas, and includes transitional service agreements to ensure continuity during an 18–24 month integration period.

Buyers
KK Wind Solutions, A.P. Moller Holding
Targets
Vestas' converter & controls business
Sellers
Vestas
Industry
Manufacturing
Location
Denmark
Transaction Type
Divestiture

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