{"id":358,"date":"2023-06-19T18:18:31","date_gmt":"2023-06-19T12:48:31","guid":{"rendered":"http:\/\/nexus-iceland.wiki\/?p=358"},"modified":"2023-06-19T18:18:33","modified_gmt":"2023-06-19T12:48:33","slug":"cowi-strengthens-market-position-in-nordic-region-with-acquisition-of-mannvit","status":"publish","type":"post","link":"https:\/\/nexus-iceland.wiki\/cowi-strengthens-market-position-in-nordic-region-with-acquisition-of-mannvit\/","title":{"rendered":"Cowi Strengthens Market Position in Nordic Region with Acquisition of Mannvit"},"content":{"rendered":"\n
Cowi, a leading consulting engineering firm, has announced its acquisition of Mannvit, a specialized Icelandic consulting engineering outfit focusing on green energy solutions. This strategic move further solidifies Cowi’s presence in the Nordic region, where investments in the green transition are rapidly accelerating.<\/p>\n\n\n\n
With this acquisition, Cowi gains access to new capabilities that will fuel its ambitious growth plans. Mannvit’s team of 280 employees brings extensive expertise in geothermal and hydropower, two highly sought-after competencies in the industry. The alignment between the two companies goes beyond technical synergies, as they share common values and a strong commitment to co-creating sustainable solutions that enhance the quality of life for present and future generations.<\/p>\n\n\n\n
Jens H\u00f8jgaard Christoffersen, Group CEO of Cowi, expressed enthusiasm about the integration, stating, “We are excited to welcome Mannvit to the Cowi Group. It’s a perfect match, both from a business and cultural perspective. Both companies have employees with great technical capabilities, and we share values as well as a strong buy-in to work with our customers to co-create sustainable and well-designed solutions.”<\/p>\n\n\n\n
Iceland, known for its abundant renewable energy resources, has the potential to become a hub for green energy across various industries. Recognizing this opportunity, Cowi’s Executive Vice President in Denmark, Henrik Winther, who will lead the integration, emphasized the strategic importance of entering the Icelandic market. Cowi’s focus on the green transition aligns with the Icelandic government’s increased investments in infrastructure and green energy in recent years.<\/p>