HydraSpecma acquires Ymer Technology's wind division and strengthen our position as supplier to the wind industry.

16. November 2022

ACQUISITION

HydraSpecma has acquired Swedish Ymer Technology's wind division that produces coolers for on- and offshore wind turbines. With this transaction HydraSpecma strengthen its position as leading supplier within the development and production of lubrication and filtration systems, cooling systems, pitch-hydraulics, and connectors for the wind industry.

HydraSpecma, that is owned by the Danish industrial conglomerate Schouw & Co., has acquired Ymer Technology's wind division that is headquartered in Silkeborg, Denmark. HydraSpecma sees a great potential in the wind industry the upcoming years and the two companies will complement each other in multiple areas. HydraSpecma is specialized in lubrication and filtration systems and pitch-hydraulics, while Ymer Technology has cooling and conditioning of nacelles as their primary business area.

A stronger partner for the wind industry

The acquisition must also be seen in light of the increasing need in the market for consolidation.

- There is no doubt that size matter as a supplier to the wind industry. Our purchase volume and production capacity will increase, and we will stand stronger as we gain strength and capacity to take more projects from all customers and deliver complete systems. Morten Kjær, CEO of HydraSpecma

HydraSpecma will be the continuing company and will continue to be headquartered in Skjern, Denmark.
HydraSpecma Group and Ymer Technology's wind division respectively employs 1,300 and 180 persons and have production facilities in Asia, Europe as well as in North and South America.

For more information read the press releases in English or in Danish.