Cadeler, a leading offshore wind installation contractor and operator of the industry’s largest fleet of jack-up wind installation vessels, has acquired Menck. Menck will continue to operate as a standalone company, and our ownership will not change how we support our customers and approach projects.

Joining Cadeler marks an exciting new chapter for Menck. With Cadeler’s support, we have a strong platform to further develop our business and continue to deliver trusted solutions to our customers across the wind industry and beyond.

Over the past two and a half years, Acteon has reshaped its strategy, structure, and market position, creating a stronger company built around four focused business lines. Today, we announce an important transaction resulting from that work. Cadeler has acquired Menck, accelerating Menck’s plans to grow by expanding the way it supports its customers.

With the investment of Cadeler, Menck will be better positioned to accelerate investment in its market-leading marine foundations capability and support its customers’ evolving needs. For Acteon, the transaction strengthens our ability to invest in our other business lines.

“This transaction reflects the strength of our strategy and the hard work of our teams. Menck has built a strong market position, and Cadeler is well placed to accelerate its next phase of growth. For Acteon, the sale sharpens our focus and increases our capacity to invest in our remaining business units,” said Brice Bouffard CEO, Acteon.

Jochem Scherpenisse Executive Vice President, Menck, said: “I am proud of the business that Menck has built and the reputation our people have earned. Joining Cadeler marks an exciting new chapter for our business. Cadeler will strengthen Menck’s financial flexibility to support and accelerate the execution of our continued growth plan. With Cadeler, we will have a strong platform to further develop Menck and continue to deliver trusted solutions to our valued customers.”