The European Commission has approved the joint control acquisition of EEW Offshore Wind EU by EEW Holding and Sumitomo Corporation. EEW Holding retains a 55% share, while Sumitomo acquires a 45% stake.
EEW Offshore Wind EU specialises in manufacturing large steel tubes for offshore wind farms, with key operations centred in Rostock, Germany. The Commission concluded that the transaction poses no competition concerns, given its limited market impact. The review was conducted under the simplified merger procedure.
