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    Ballast Nedam to sell offshore unit

    Company News // October 30, 2014

    Ballast Nedam has started the process of selling Ballast Nedam Offshore with the intention to conclude a transaction at short notice.

    The sale of Ballast Nedam Offshore is an addition to the disposals programme that Ballast Nedam announced in February, to strengthen its financial position.

    Ballast Nedam Offshore has developed into a leading market player in the offshore wind industry. The company provides engineering, procurement, contracting and installation (EPCI) services for foundations and other components.

    The sale is being managed by NIBC. The intended sale comprises Ballast Nedam Offshore BV, all dedicated staff for EPCI services and its heavy lift vessel Svanen.

     

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