Cadeler buys offshore foundation installer Menck for EUR 501 million

Reuters2026/08/11 11:26

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Cadeler agreed to acquire offshore foundation installation equipment provider Menck from Acteon at an enterprise value of EUR 501 million.
Signing and closing were completed simultaneously following regulatory clearances.
Menck will be run as a standalone business, continuing to supply equipment and services across the offshore wind market.
Financing includes available liquidity, supported by a EUR 380 million acquisition facility from DNB Bank and Rabobank.
The deal is expected to affect Cadeler’s 2026 revenue and EBITDA guidance; an update is planned.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cadeler A/S published the original content used to generate this news brief on August 11, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cadeler buys offshore foundation installer Menck for EUR 501 million

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