Macquarie Asset Management has made a move to buy the Danish-based offshore wind specialist Ziton.
The shipowner Ziton said in a statement that the deal is being done through the Macquarie European Infrastructure Fund 7.
As informed, Macquarie European Infrastructure Fund 7, advised by Macquarie Asset Management, has entered into a share purchase agreement with funds advised by Permira Credit and other existing shareholders to acquire all issued and outstanding shares of Zappy TopCo ApS and its wholly-owned subsidiary Ziton A/S, an offshore wind operations and maintenance business.
Macquarie is a large investor in infrastructure like EV charging stations, airports, mobile networks, ports, electricity production and distribution etc.
The deal is expected to be completed by December 2024 or in the first quarter of 2025, subject to regulatory approvals, at which time Macquarie will obtain 100% ownership of Ziton.
Thorsten Jalk, chief executive officer of ZITON A/S, commented on the announcement: “It is a major validation of ZITON that Macquarie has decided to invest in the company.
“It shows that we have built a great company with a strong market position, good relationships to our customers and some of the best people in the industry. This is another major step to develop ZITON 2.0 – we will continue our journey.”
