# Vestas acquires 25.1% stake in SOWITEC with option to buy remainder

Vestas announced the acquisition of a 25.1 percent minority stake in SOWITEC, a German renewable energy developer, with an option to acquire the entire company within three years.

- Type: Acquisition
- Announced: 2019-04-11
- Status: announced
- Products: wind and solar energy projects
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Vestas](https://endata.com/companies/1364.md) (acquirer)
- [SOWITEC](https://endata.com/companies/38663.md) (target)

## Sources

- [vestas.com](https://www.vestas.com/en/media/company-news/2019/vestas-to-acquire-minority-stake-in-sowitec-to-support--c2963210), 2019-04-11: "Vestas today announces the acquisition of a 25.1 percent minority stake in SOWITEC with an option to acquire the entire company within three years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.