DEME Group has acquired a 50% stake in Bauer Offshore Technologies, which provides drilling services for offshore wind foundation installations.
DEME subsidiary DEME Offshore Holding has acquired the stake in the company, headquartered in Schrobenhausen.
Bauer Offshore Technologies, part of Bauer Group, specialises in drilling services for the installation of foundations for offshore wind farms.
With extensive experience in a wide range of geotechnical conditions, it offers safe and efficient drilling methods tailored to the needs of the offshore wind sector.
Bauer Offshore Technologies will become part of DEME’s offshore energy segment.
The experienced eight-person team will continue to deliver its trusted consulting and engineering services, along with specialised equipment developed and manufactured by the Bauer Group.
The company will maintain operations under the Bauer Offshore Technologies brand and continue to collaborate closely with the Bauer Group.
The agreement includes an option for DEME to acquire the remaining 50% within the next five years.