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Denmark

Denmark

COMPETITOR BOUGHT UP IN COMPANY EXPANSION

LM Glasfiber has bought competitor Aero Construct in Germany. It has also bought up the premises of Bianca Yacht of Denmark. LM now has five bases for constructing wind turbine blades for customers.

Danish wind turbine blade manufacturer, LM Glasfiber, has bought a majority of the shares of German competitor, Aero Construct of Brudenthal. The German company, which has been in the wind turbine blade business since 1979 will now be called LM Aero Construct.

LM, which has made rotor blades since 1978, also announced last month that it has bought Bianca Yacht of Denmark. The former yacht builder's activities will not be continued, however. LM will concentrate on the supply of wind turbine blades, now made at five manufacturing bases. The company is planning to add a sixth, in Bangalore in India, in March. The number of employees at both Aero Construct and Bianca will be doubled from the around 40 staff currently working at each plant, says LM. The Danish company employs about 400 in total and has an annual turnover of over $30 million.

Aero Construct supplied blades to German wind turbine manufacturers Enercon and Jacobs Energietechnik as well as to Markham of England. Markham manufacturers the Austrian designed Floda 600 kW wind turbine. Aero Construct director, Walter Keller, is a recognised wind turbine blade expert. Last month Keller was on business in the US and unavailable for comment.

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