CTE Wind acquires Peikko’s wind design team
Peikko Group Corporation, a leading global supplier of concrete connections and composite structures, and CTE Wind International, a global engineering company providing foundation design services for onshore wind turbines, have signed an agreement where a team of experienced designers from Peikko will join CTE Wind International.
Both companies have operated in the wind energy sector for a long time, CTE Wind since 2003 and Peikko since 2010. This agreement will boost CTE Wind's growth and allow Peikko to focus on its core business of manufacturing and developing products for wind turbine foundation applications. This team based in Riga, Latvia, will form a new CTE Wind office for the Nordics and Baltics.
”We are pleased to execute this agreement with an industry leader CTE Wind, which has the right skillset to manage and develop the design team to the next level. At Peikko, we now have the possibility to focus on developing our solutions, particularly in the post-tension rock anchoring area. Existing and new customers will be taken care of well”, says Topi Paananen, CEO, Peikko Group Corporation.
“We have known Peikko for many years, and we welcome the team of experienced designers to join our global team, to become our ninth CTE Wind office in nine countries. We firmly believe in the future of wind turbine foundations in the Nordic region and for this reason, we need more capacity to meet the requirements of our customers“, says Alexander Martin, CEO, CTE Wind International.
Further information:
Topi Paananen, CEO, Peikko Group Corporation
Mobile +358 50 384 3001, e-mail topi.paananen@peikko.com
Alexander Martin, CEO, CTE Wind International
Mobile +33 6 78 43 74 63, e-mail a.martin@cte-sa.com
Peikko Group in brief
Peikko Group Corporation is a leading global supplier of slim floor structures and connection technology for precast and cast-in-situ construction. Peikko’s innovative solutions offer a faster, safer, and more sustainable way to design and build. Peikko has sales offices in over 30 countries, including Asia-Pacific, Europe, Africa, the Middle East, and North America, with manufacturing operations in 12 countries. Peikko generated a turnover of EUR 314 million in 2022. Peikko is a family-owned and managed company that employs over 2,000 professionals. Peikko was founded in 1965 and is headquartered in Lahti, Finland. Further information: http://www.peikko.com.
CTE Wind International in brief
CTE Wind International is an engineering consultancy providing geotechnical and foundation design services to the renewable energy industry with a focus on wind turbine foundations. CTE Wind International is the headquarters for the wind energy business, which was established in 2003. The company is based in La Richardais, Brittany, France, and holds 8 regional offices including Europe, Asia-Pacific, Australia as well as South and North America. CTE Wind International is made up of engineers specializing in reinforced concrete and geotechnical services with many years of experience in the wind industry. CTE Wind International is part of the CTE Group, a structural engineering consultancy specializing in buildings and civil engineering for metal, timber, and concrete structures. The CTE Group was founded in 1965 and is one of the leading companies in the sector in France. Further information: http://www.cte-wind.com.
