Sale: Altitec Blade Services
Swire Renewable Energy, is a renewable energy inspection, repair, and maintenance business owned by the Swire Group. It has significantly widened its blade repair and maintenance capabilities with the strategic acquisition of Altitec.
Established in 2008, Altitec is a wind turbine rotor blade inspection, repair and maintenance company operating from offices in the United Kingdom, Germany, Australia and South Africa. Led by co-founder Tom Dyffort Altitec is an expert in its field, with a highly skilled and knowledgeable workforce. The company offers a comprehensive suite of onshore and offshore wind turbine blade services to wind farm owners, turbine OEM’s, insurers and other participants in the wind power generation industry.
Crowe’s role and team
Crowe acted as lead adviser to the shareholders of Altitec. The Crowe team was led by Matteo Timpani with support from Hazel Lucian.
Client quote
"I met Matteo a number of years ago by recommendation to speak about the future of my company, and the pros and cons of a sale to interested parties who wanted to invest in Altitec. Matteo, Hazel and the Crowe team were incredibly hard working alongside our legal advisors and ourselves and guided us through what ended up being a long and complex process. Their commitment to the project and advice throughout was invaluable!"
Tom Dyffort, Founder and Managing Director, Altitec
