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12 August 2026

Cadeler expands offshore wind offering with $578m Menck acquisition

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Source reporting: Splash247

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Cadeler expands offshore wind offering with $578m Menck acquisition

Offshore wind vessel heavyweight Cadeler has acquired German company Menck, a provider of specialist equipment and technology solutions for offshore foundation installation. Cadeler intends to continue operating Menck as a standalone business, preserving its independent market position. The transaction is based on an agreed enterprise valuation equivalent to €501m ($578m), with signing and closing completed …

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