Type of deal: Sale of shares
Sector: industrial services, wind power
Object of sale: PwC acted as financial, legal and tax advisor to the owners of Wind Controller Group in the sale of Wind Controller JV Oy and its subsidiaries WiCo Inspections Oy and WiCo Safety Oy to Caverion Industria Oy. Caverion Industria Oy/Caverion Oyj acquired 100% of shares in Wind Controller JV Oy.
The Group is a leading expert service provider for companies operating in the wind power industry. Wind Controller service offering consists of wind park electricity network monitoring, control and maintenance, safety services and inspection services. Group net sales amounted to ca. 5 million euros and the Group employs ca. 40 professionals.
Seller: Private persons and Enefit Green AS
Buyer: Caverion Industria Oy
Date: Deal announcement 2nd May 2022
PwC’s role: Sellers’s financial, legal and tax advisor