# Wilhelmsen acquires 25% stake in Edda Wind from Østensjø Group

Wilhelmsen has agreed to acquire a 25% stake in Østensjø Group's offshore wind business Edda Wind, with an option to buy another 25% before June 2021.

- Type: Acquisition
- Announced: 2020-09-15
- Where: Norway
- Status: announced
- Products: offshore wind service vessels
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Wilhelmsen](https://endata.com/companies/49908.md) (acquirer)
- [Østensjø Group](https://endata.com/companies/49909.md) (partner)
- [Østensjø Group](https://endata.com/companies/49909.md) (target)
- [Edda Wind](https://endata.com/companies/49910.md) (target)

## Sources

- [oedigital.com](https://www.oedigital.com/news/481689-wilhelmsen-buys-into-stensj-s-offshore-wind-business), 2020-09-15: "The Wilhelmsen group’s strategy is very clear, to further expand into renewables, by working together with partners, and leveraging our expertise and assets."
- [offshorewind.biz](https://www.offshorewind.biz/2020/09/15/wilhelmsen-buys-into-edda-wind/), 2020-09-15: "Wilhelmsen has entered into an agreement with Østensjø Group to acquire 25% of its offshore wind business unit Edda Wind"

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