SPARROWS GROUP ANNOUNCES ACQUISITION OF WIND ENERGY SPECIALIST ALPHA OFFSHORE SERVICE
Sparrows Group has cemented its position in the renewables sector with the acquisition of Danish wind energy specialist Alpha Offshore Service A/S.
Already a supplier of capital equipment to the wind energy industry, the deal significantly strengthens the group’s operations and maintenance capabilities in the sector.
Alpha Offshore provides engineering personnel and inspection services to the energy industry, specialising in the delivery of operations and maintenance, and supervisory and commissioning services to onshore and offshore wind developments.
The company will continue to be run under the same management as a separate entity within the Sparrows Group, ensuring operational consistency whilst also providing them with access to a wider pool of expertise and resources.
Sparrows’ engineering and design capability in structural, mechanical, electrical, hydraulic and reliability disciplines, combined with their extensive global network will enhance Alpha’s existing capability and international presence.
In addition to renewables, the acquisition bolsters the diversity of Sparrows’ existing technical capability across the oil and gas and industrial sectors.
Stewart Mitchell, Chief Executive Officer at Sparrows, said: “Alpha Offshore is well-respected in the industry and they are a trusted supplier to a number of wind farm operators and turbine Original Equipment Manufacturers (OEMs). Their specialist in-depth knowledge and experience of in-demand services such as blade and turbine generator repairs, inspections and upgrades makes them a valuable addition to our group.
“We expect demand for their services to continue to grow as wind developments age and equipment warranty periods expire.”
Mikkel Lund, Chief Executive Officer at Alpha Offshore said: “Being part of the larger Sparrows Group delivers many advantages for us and our customers as we look to expand into new regions. Their worldwide footprint and reputation gives us access to skilled technicians all over the globe and will provide many opportunities, particularly in the US and Asia. The synergies between both organisations allow us to support each other’s plans for diversification and geographical expansion.”
In February, Sparrows announced its largest renewables contract to date with the supply of 103 turbine platform cranes for the East Anglia ONE offshore wind farm.