DEME acquires 50% stake in BAUER Offshore Technologies GmbH

Schrobenhausen, Germany – The BAUER Group announces that DEME Offshore Holding NV, a wholly owned subsidiary of DEME Group NV (Euronext Brussels: DEME), has acquired a 50% stake in BAUER Offshore Technologies GmbH, headquartered in Schrobenhausen.

BAUER Offshore Technologies GmbH, a BAUER Group company, specializes 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 specialized 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.