On Friday 1 November the acquisition of K2 Management by Ramboll has been formally closed. This much-awaited milestone allows both teams to come closer together in delivering combined wind and solar services to clients and provide an even stronger set-up going forward.
The announcement of acquiring K2 Management was made in August, with the completion of the transaction pending customary regulatory approvals, which have now been received. With this step, K2 Management is from now on formally part of the Ramboll Group.
“In the coming months we will start to align our business practises closer, and work to integrate the best from each of us to ensure that our team continues to provide the high-quality services our clients and stakeholders know and respect us for. We expect to be in full operation as one combined global Ramboll Wind division during H1 2025” says Tim Fischer, Director for Ramboll’s global Wind division.
“From now on we will be able to provide our clients with a full-service offering within offshore and onshore wind as well as solar, with increased resources to take on large wind projects and a strong global presence. Furthermore, due to synergies with different parts of the rest of the Ramboll organisation, we will be able to offer new services within the field of wind, renewable energies and energy systems,” says Lars K Hammershøj, co-founder of K2 Management.
Over the last three years, Ramboll successfully developed its Wind business from a primary foundation designer to a full-service wind consultancy combining advisory and engineering services. During that period, the division has been growing annually by approximately 25% and significantly expanded its global footprint, opening offices in the US, Poland, Spain, the Netherlands, Japan, Korea, and Australia.
Following the acquisition, Ramboll's global Wind division encompasses over 900 dedicated experts across 20 countries, adding now also new local presences in Vietnam, Thailand, Taiwan, and Portugal. With the new setup, Ramboll is making significant progress towards its target of expanding its global wind business to over 1,000 experts by 2025 in response to growing demand on the global wind market.