January 25 - Mammoet has taken full ownership of its KR Wind joint venture. The acquisition will increase Mammoet's increase its focus on offshore wind turbine construction internationally.
KR Wind was established as a 50:50 joint venture between Danish Enggaard Group and Dutch-based Mammoet in 2002.
"KR Wind and Mammoet are already familiar with each other as Mammoet has played an important role in KR Wind from the very beginning," said a company statement.
Mammoet says that the take-over will minimise the risks and interfaces created by joint ownership