Integrated Wind Solutions Seals Deal with Sumitomo

Integrated Wind Solutions AS (DE:9UG) has released an update.

Integrated Wind Solutions ASA has finalized a strategic partnership with Sumitomo Corporation, with the latter acquiring a 25.38% share in IWS’ subsidiary IWS Fleet AS for EUR 60 million. Sumitomo Corporation is a global entity with a diverse range of business sectors, while IWS provides advanced service vessels and services to the offshore wind industry.

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