One of Europe’s largest manufacturing companies will end its involvement in the production of wind power pylons.
MALMO, Sweden – Kockums Industrier (KIAB), a subsidiary of Saab, will divest its manufacturing to the German wind energy group Enercon. The sale will affect half of KIAB’s 215 employees and is part of Saab’s restructuring after its recent acquisition of Celsius. “Enercon’s purchase is an acknowledgement that they have appreciated the quality of the 140 pylons we have delivered so far and shows that they intend to continue with the base we have built up in MalmÃ¶, which means excellent prospects for the future,” says KIAB president Thomas Abrahamsson. The sale will not affect the income of the Saab Group. Production of wind power pylons generates annual revenue of SEK 100 million. Enercon entered the wind energy industry in 1984 and is the largest company in this sector in Germany and one of the largest in the world. It has production units in Aurich, Magdeburg, Brazil and India, with 2,500 employees. The company has total sales of DEM 1 billion. The company already has an office in Fosie, near MalmÃ¶. KIAB has been an important subcontractor to Enercon of wind turbine pylons since last year. The divestment includes a rental agreement for KIAB’s industrial premises that is affected by the sale. Saab is the largest high technology company in northern Europe, and is known for its work in defense, aviation and space industry, as well as its cars.