WIND buys Offshore Cable Equipment

Business & Finance

The Netherlands-headquartered WIND has completed the acquisition of Offshore Cable Equipment (OCE).

WIND

According to WIND, OCE is a rental/retail company that operates five offshore subsea cable carousels from 300 mt up to 7,000 mt capacity.

OCE is set to further develop the engineering of carousels and auxiliary equipment and will expand its rental fleet of carousels up to 10,000 mt capacity, the Dutch company added.

“WIND is an important link in the supply chain for constructions and O&M of offshore wind farms worldwide,” said Tom Nooij, CEO of the WIND.

“With the current growing demand, we were aiming to secure our own supply chain to minimise risk to our clients. By the acquisition of OCE, we welcome a new ambitious player in our group, securing our demand of offshore cable equipment.”

Related Article