Die Correll Group:
becoming the global market leader in new energy
Strategic acquisition in the wind energy industry
Based in the United Kingdom, the Correll Group has been making a name for itself as a leading player in the wind industry for almost 9 years. It specialises in high-voltage and related services such as the termination and testing of inter-array cables and export cables, cable fault finding and repair and cable pulling.
The Correll Group relies on its cooperation with Topp Holdings GmbH for the further development of the technical and entrepreneurial possibilities. The acquisition came in November 2017, with turnover initially amounting to only €0.5 million, with a return at the break-even point. In 2023, the turnover is set to increase to around €50 million, plus the earnings are above the industry average. The following measures form the basis for this success:
- Strategic and operative support in the further development of the company
- A holistic financing concept of working capital, CapEx and guarantee lines