Vestas Wind Systems, Vestas secures strategic know-how and supplies of advanced and high quality castings via purchase of Windcast Group AS
Vestas and the shareholders of the Norwegian company Windcast Group AS have today signed a Letter of Intent re. transfer of the shares in Windcast to Vestas. Windcast is the world's leading supplier of advanced and high quality castings to the wind turbine industry. Furthermore, Windcast has demonstrated ability to transfer technology and know-how to other foundries, which is strategically important for future security of supplies via the development of new quality suppliers on the world market.