DEME acquires 50% stake in BAUER Offshore Technologies
Germany, May 16 -- The BAUER Group announced that DEME Offshore Holding NV, a wholly owned subsidiary of DEME Group NV, has acquired a 50% stake in BAUER Offshore Technologies GmbH, headquartered in Schrobenhausen. BAUER Offshore Technologies GmbH, a BAUER Group company, specializes in drilling services for the installation of foundations for offshore wind farms. It provides drilling methods tailored to the offshore wind sector across various geotechnical conditions. The company will be integrated into DEME's Offshore Energy segment. Its eight-person team will continue to provide consulting and engineering services, utilizing specialized equipment developed and manufactured by the BAUER Group.BAUER Offshore Technologies GmbH will retain its...
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