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FairWind completes acquisition of Wind1000 to expand its global presence

Mar 27, 2024•over 1 year ago

Acquiring Company

Force Bidco A/S (FairWind)

Acquired Company

Wind1000

VejleA CoruñaOil And GasEnergyRenewable Energy

Description

Force Bidco A/S, operating as FairWind, has successfully completed the acquisition of Wind1000 Corporate Holding S.L. This acquisition aligns with FairWind’s global expansion strategy and provides synergies for both companies for further growth and expansion across the installation and service market in Europe and South America. The former owners of Wind1000 will continue in the group, taking on the responsibility for the Southern Europe and South American region for FairWind.

Company Information

Company

Force Bidco A/S (FairWind)

Location

Vejle, Vejle, Denmark

About

Force Bidco A/S, operating as FairWind, is a leading global provider of one-stop solutions for the installation and service of onshore and offshore wind turbines throughout the world. FairWind has a strong global presence, having worked in more than 40 countries and cooperating with over 1,500 technicians to manage customers’ projects globally.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed