Deme acquires 50% stake of Bauer Offshore Technologies

The Bauer Group has announced that Deme Offshore Holding, a wholly owned subsidiary of Deme Group, has acquired a 50% stake in Bauer Offshore Technologies, which is headquartered in Schrobenhausen in Germany.

DEME Offshore Holding NV has acquired a 50% stake in BAUER Offshore Technologies GmbH Deme Offshore Holding NV has acquired a 50% stake in Bauer Offshore Technologies GmbH (Photo: Bauer)

Bauer Offshore Technologies, a part of the Bauer Group, specialises in drilling services for the installation of foundations for offshore wind farms.

As part of Deme鈥檚 Offshore Energy segment, Bauer Offshore Technologies will continue to operate under its brand. The eight-member team will deliver consulting and engineering services, utilising specialised equipment developed and manufactured by the Bauer Group. 

The agreement also includes an option for Deme to acquire the remaining 50% stake within the next five years.

必赢体育

STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Editor, Editorial, UK 鈥� Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA