January 31 ,2022
Acquisition of Trans Construction completed
Trans Construction AS is a leading engineering company with long traditions, specializing in the design and production of E-House modules for the maritime, offshore, and land-based industries.
“By merging Trans Construction into PSW Group, the company sees great synergies and opportunities to take a larger position in the market. The acquisition furthermore creates the foundation for increased market share within module-based units for battery systems, hydrogen power systems, shore power and E-house modules for offshore wind,” says Eirik Sørensen, General Manager in PSW Power & Automation.
The acquisition is strategically important for PSW to further enhance its position as leading player within hybridization and shore power, and furthermore become a vital component to growth within offshore wind. Through the acquisition PSW has secured a higher level of in-house deliveries and by doing so increase the size of the value chain created and in addition will allow for the company to reach its set goals for increased growth. The company will become a subsidiary company of PSW Power & Automation.