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IWS Services completed an all-share merger between its subsidiary ProCon and Hyndla, creating an integrated supplier for offshore wind electrical systems. IWS Services holds 52.5% of the combined entity.
Integrated Wind Solutions' 75%-owned subsidiary ProCon Group has completed an all-share merger with Hyndla, forming a combined entity under the ProCon brand focused on offshore wind electrical solutions. IWS Services will own 52.5% of the combined entity.