DEME acquires Havfram

DEME's acquisition of Havfram, an offshore wind contractor based in Norway, represents a strategic move to strengthen its position in the burgeoning offshore wind sector. While the financial details remain undisclosed, the acquisition signals DEME's commitment to expanding its capabilities and market share in this rapidly growing industry. The deal, announced in February 2026 and completed in the second quarter of 2025, suggests a swift and decisive integration of Havfram into DEME's existing operations. This acquisition is notable given the increasing demand for specialized services in offshore wind installation and maintenance. By incorporating Havfram's expertise, DEME aims to enhance its service offerings and potentially gain access to new geographical markets or technological advancements within the offshore wind space. The deal underscores the ongoing consolidation within the offshore wind industry, as established players seek to acquire specialized expertise and expand their operational footprint.