2017-08-22
http://w3.windfair.net/wind-energy/pr/24542-nkt-cables-abb-aquisition-european-commission

News Release from NKT GmbH Kabelgarnituren

List_nkt_logo_blue

Wind Industry Profile of


nkt cables' acquisition of ABB HV Cables completed

As previously reported the European Commission has approved that NKT Cables’ acquisition of the ABB high-voltage cables business can be completed as planned.

Closing of the transaction is completed as of March 1st, 2017.

NKT Cables’ projects business which comprises AC/DC on- and offshore high-voltage cables will be headed by Andreas Berthou, former SVP of ABB HV Cables. Andreas Berthou has been with the company since 1999 and holds extensive experience with the  on- and offshore AC/DC industry. Detlev Waimann, former head of NKT Cables’ projects business, will take up a position as Chief Technology Officer (CTO)  responsible, among others, for the company’s significant R&D and innovation activities as well as Regulatory Affairs. 

Michael Hedegaard Lyng, CEO of NKT Cables, says: "We are well prepared for the integration of NKT Cables and ABB HV Cables. Together we will bring our company to a new level. With the joint business we are ready to take a leading and active part in the global energy transformation and to offer our customers innovative solutions at the forefront of this industry. Furthermore, we look forward to welcoming all employees from ABB HV Cables on this exciting journey starting today."

Source:
nkt cables
Author:
Press Office
Link:
www.nktcables.com
Keywords:
nkt cables, ABB, aquisition, European Commission





News Release from NKT GmbH Kabelgarnituren

List_nkt_logo_blue

Wind Industry Profile of

Search by Keywords

© smart dolphin Gmbh 1999 - 2017 | Legal Notice | Windfair Editors