About Vestas

At the time of disposal, Vestas was the largest developer and producer of commercial wind turbines and systems worldwide. The company had two locations in Denmark and one in Germany.

The strategy

The development of the international growth strategy was at the centre of management’s activities during the ownership period of the GEP funds. The growth was supported by the restructuring of the company’s financing. In 1998, Vestas was successfully listed on the Copenhagen stock exchange.

Vestas

COMPANY NAME

Wind turbines

INDUSTRY

Randers (DK)

HEADQUARTER

Carve-out

INVESTMENT EVENT

1999

DATE OF INVESTMENT

GEP I

FUND

vestas.de

WEBSITE