The Nordic Private Equity fund Verdane Capital VIII (Verdane) has just completed their biggest acquisition in Denmark with the takeover of JSB Group, Jupiter Group, and Polytech. These three companies all produce components for wind turbine manufacturers.
The companies’ Danish headquarters are located in Ringkøbing, Køge, and Bramming with production facilities in Poland, China, and in the USA. JSB Group is a supplier of core material made from primarily foam and balsa, which is used as construction enhancement for rotorblades. Polytech develops and produces solutions for wind turbines with the purpose of either protecting the blades or improving their efficiency, like systems for lightning protection to various components for the wind turbines’ blades such as blade add-ons that reduce the noise and increase performance. Jupiter Group is a supplier of nacelle and spinner covers.
