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07/02/2011
Martifer sells share in REpower Portugal

Martifer SGPS, SA sold its 50% share in the REpower Portugal joint venture to REpower Systems AG, which is now the sole owner of the company. In addition, Martifer also sold its 10% share in the rotor blade manufacturer joint venture PowerBlades to REpower, which now owns 100% of the company.

This sale means the end of the joint venture between REpower Portugal and Martifer Group and follows the strategic lines of the Group to be focused on Metallic Constructions and the Solar Sector. In the 9 months 2010 Martifer Solar already represented 34.4% of the Group revenues, reaching 84% of the total revenues together with Metallic Constructions.

 

Download: Press Release (111KB)