Wiersholm advised VTC

Vestas sells its machining and casting units to VTC Partners GmbH ("VTC").

Vestas has entered into a binding sales and supply agreement, under which the German industrial group VTX Partners GmbH will acquire Vestas' two machining units and four casting units, including approximately 1,000 employees in Norway, Sweden, Germany, China and Denmark. The agreement is conditional on various matters, including approvals from the relevant authorities in China.

For more information about VTC: Presentation of VTC.

For further information, see the press release from Vestas.

Our team was headed by: