The sale of Vestas’ converters and controls business has been completed and marks the transfer of Vestas’ three converters and controls factories to KK Wind Solutions (KK). Around 600 of Vestas’ highly experienced and skilled colleagues will join KK. Following the acquisition, KK becomes a world leader within converter and controls for the wind industry
Vestas continuously looks for partners that can support our strategic focus on our core business and help scale renewables efficiently in the long-term. As part of the partnership between Vestas and KK, KK will exclusively supply converters and control panels to Vestas, and the partnership will further advance with co-development of all future Vestas converters.
“I’m very excited about the next chapter of our partnership with KK Wind Solutions, and I look forward to growing and maturing the wind energy supply chain together. I would also like to extend my deepest appreciation to our dedicated and skilled colleagues, who will join KK. You have done an outstanding job, and I know you will continue doing so together with your new colleagues at KK”, says Tommy Rahbek Nielsen, Executive Vice President and COO at Vestas.
“Our people are our most important and valuable asset. Their expertise and dedication are vital in accelerating the green energy transition, and we are excited to welcome our new colleagues whose skills and know-how will help us further develop the industry’s supply chain”, says Mauricio Quintana, Chief Executive Officer, KK Wind Solutions.
KK Wind Solutions and Vestas have agreed on several transactional service agreements to ensure business continuity, knowledge transfer and stable operations throughout the integration period.
About KK Wind Solutions
Building on more than 40 years of experience, KK Wind Solutions is a strong partner in electro-mechanical systems for wind turbines. Our capabilities span development of state-of-the-art technologies, high-quality lean manufacturing, flexible aftermarket solutions and advanced monitoring services. KK Wind Solutions is owned by A.P. Moller Holding which is the parent company of the A.P. Moller Group, which was established in 1904 by Arnold Peter Møller.
About Vestas
Vestas is the energy industry’s global partner on sustainable energy solutions. We design, manufacture, install, and service onshore and offshore wind turbines across the globe, and with more than 164 GW of wind turbines in 87 countries, we have installed more wind power than anyone else. Through our industry-leading smart data capabilities and unparalleled more than 144 GW of wind turbines under service, we use data to interpret, forecast, and exploit wind resources and deliver best-in-class wind power solutions. Together with our customers, Vestas’ more than 28,000 employees are bringing the world sustainable energy solutions to power a bright future.
