Acquisition of Ballast Nedam Offshore Wind Division
Van Oord
Van Oord is a family-owned business that operates as a contractor, and is specialised in dredging, marine engineering and offshore oil, gas, and wind projects
Ballast Nedam N.V. divested its offshore wind division Ballast Nedam Offshore to Van Oord
The acquisition fits with Van Oord’s strategy to create a leading contractor for offshore wind projects
Kempen & Co acted as sole financial adviser to Van Oord