Nordex Buys Danish Rotor Blade Mould Maker

Business & Finance

Hamburg-based wind turbine supplier Nordex Group is acquiring Danish developer and manufacturer of rotor blade moulds, SSP Technology A/S.

Source: Nordex

SSP Technology is also the holder of numerous patents for the production processes for this component, the Nordex Group said

The acquisition includes IP rights, around 70 employees and the facilities with a floor area of some 10,000 square metres in Kirkeby, Denmark.

With this transaction, Nordex aims to reinforce its technological position in the development of even larger and more efficient turbines. Looking forward, the greater integration of mould and prototype engineering is expected to allow Nordex to respond more flexibly to fast-changing market conditions.

Nordex develops and produces rotor blades at its facilities in Germany and in Spain and also works with external partners in production and mould engineering.

“Our partnership with SSP Technology extends as far back as 2003 and has always been very successful and constructive. I am convinced that we will be able to significantly strengthen our innovation ability by integrating the blade experts at SSP. Rotor blades are key to lowering the cost of energy,” said Jose Luis Blanco, COO of Nordex SE.

SSP Technology was founded in 2001 and has been engineering rotor blade moulds and prototypes for turbines of between 1.5 and 8MW since then. The largest rotor blade prototype produced by SSP to date has a length of almost 90 metres.