Topic: Takeover

Maersk family buys into wind industry

A.P. Møller Holding will acquire the Danish KK Group which, through its subsidiary KK Wind Solutions, is a leading systems supplier of wind power electronics. KK Wind Solutions works with all the large wind OEM’s...Read more
|Comment|author: Tobias Pieffers

Hyundai Heavy acquires Daewoo, employees furious

Shipbuilder Hyundai Heavy Industries has acquired its smaller rival Daewoo. Despite fierce opposition from employees, Hyundai and Daewoo’s major shareholder, the state-managed Korea Development Bank, signed a contract for the acquisition last week. If the...Read more
|Comment|author: Tobias Pieffers