Cadeler’s Acquisition of Menck
Project title: Cadeler’s Acquisition of Menck
Sectors:
- Offshore Wind – Fixed
- Offshore Wind – Floating
Location: Germany
Top-Line Services:
- Technical Due Diligence
- M&A
Project summary:
Cadeler appointed OWC as technical advisor for its acquisition of Menck, a Germany-headquartered provider of specialist technology, equipment and services for offshore foundation installation.
The transaction brought together Cadeler’s offshore wind transportation and installation capabilities with Menck’s hydraulic hammer fleet, engineering expertise and more than 150 years of industry heritage.
OWC mobilised a Germany-led, multidisciplinary team of technical, engineering, asset management and ESG specialists, supported by ABL’s loss-prevention capability, to advise Cadeler throughout the acquisition process.
Project Challenges
The team worked within a highly compressed transaction timeline to deliver independent technical advisory services spanning technical and environmental due diligence, risk assessment and insurance diligence.
Key challenges included:
Bringing together technical, engineering, asset management, ESG and insurance expertise within one coordinated workstream.
Evaluating Menck’s specialist equipment, engineering capability and operational risk profile.
Identifying and prioritising material technical, environmental and transaction risks.
Providing clear, decision-ready advice within the acquisition timetable.
The assessment needed to give Cadeler a comprehensive view of the business and its key risks, enabling informed decisions throughout the acquisition process.
Our Solutions
OWC mobilised a Germany-led, multidisciplinary OWC and ABL team to deliver an integrated technical and environmental due diligence assessment.
OWC’s scope included:
Technical due diligence of the business, specialist equipment and engineering capability.
Environmental, social and governance review.
Technical and operational risk assessment.
Insurance and loss-prevention diligence.
Independent evaluation to support informed decision-making throughout
the acquisition.
Our Value
OWC’s independent assessment enabled informed decision-making ahead of the completed acquisition, which had an enterprise valuation of EUR 501 million.
The assignment demonstrated OWC’s ability to combine local German expertise with international technical advisory and the loss-prevention capability of our sister company, ABL, for a complex offshore wind supply-chain transaction.
Independent technical and environmental due diligence for a major acquisition.
Germany-led multidisciplinary OWC and ABL delivery team.
Decision-ready advice delivered within a compressed transaction timeline.
Integrated technical advisory, ESG and loss-prevention capability.
Supported Cadeler’s completed EUR 501 million acquisition of Menck
Related services and sectors
Technical Due Diligence
Fixed Offshore Wind Engineering Consultants
