Vestas has acquired the German-based company Availon for a total of €88m debt and cash free. Availon is an independent service provider for the wind energy industry. The core market is Germany but the company also provides some service activities in Austria, Italy, Portugal, Spain, Poland and the USA. Availon employs around 400 people and generated total revenues of around €59.8m in financial year 2015. Total capacity under Services reached 2.6 GW. Adjusted EBITDA reached €5.2m
21 Jan 2016
Rounding off the product offering
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Rounding off the product offering
Vestas Wind Systems A/S (0NMK:LON) | 0 0 0.0% | Mkt Cap: 150,935m
- Published:
21 Jan 2016 -
Author:
Heinz Steffen -
Pages:
2
Vestas has acquired the German-based company Availon for a total of €88m debt and cash free. Availon is an independent service provider for the wind energy industry. The core market is Germany but the company also provides some service activities in Austria, Italy, Portugal, Spain, Poland and the USA. Availon employs around 400 people and generated total revenues of around €59.8m in financial year 2015. Total capacity under Services reached 2.6 GW. Adjusted EBITDA reached €5.2m