Earlier this year, Vestas agreed to acquire Availon, a leading European independent service provider. Final closing is now official and, following the approval from all relevant authorities, Vestas has fully completed the acquisition of Availon Holding.
“Acquiring Availon is a natural next step in accelerating Vestas’ profitable growth strategy in the service business,” said Christian Venderby, Group Senior VP of Vestas Global Service in an earlier statement about the acquisition. “Size and scale matter and the acquisition strengthens our capabilities to service most major turbine technologies and to capture market shares. Availon is a solid strategic fit and a great complement to our recent acquisition of UpWind Solutions in the United States.”
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