CS Wind Corporation (KOSE:A112610) agreed to acquire Bladt Industries A/S from Nordic Capital VII, L.P. managed by Nordic Capital for approximately KRW 26.9 billion on July 7, 2023. In the the current year i.e., 2022, Bladt Industries has Total assets of KRW 583.019 billion, sales of 648.508 billion, net loss of KRW 19.181 billion. CS Wind Corporation board of directors passed the resolution. The acquisition is subject to certain closing conditions, including relevant regulatory approvals. The transaction is expected to be completed on November 1, 2023. The expected completion date changed to November 30, 2023 from November 1, 2023. Victoria Legg, David Higgins and Keir MacLennan of Kirkland & Ellis acted as legal advisor to Nordic Capital.

CS Wind Corporation (KOSE:A112610) completed the acquisition of Bladt Industries A/S from Nordic Capital VII, L.P. managed by Nordic Capital on December 7, 2023.