DEME ƶijϻ Holding, a wholly owned subsidiary of DEME Group, has acquired a 50% stake in BAUER ƶijϻ Technologies, a BAUER Group company.
BAUER ƶijϻ Technologies specializes in drilling services for the installation of foundations for offshore wind farms.
The company will become part of DEME’s ƶijϻ Energy segment.
The experienced eight-person team will continue to deliver its consulting and engineering services, along with specialized equipment developed and manufactured by the BAUER Group.
The company will maintain operations under the Bauer ƶijϻ Technologies brand and continue to collaborate closely with the BAUER Group.
The agreement includes an option for DEME to acquire the remaining 50% within the next five years.