Cadeler

Copenhagen, Denmark Founded: 2008 • Age: 18 yrs
Wind operation and maintenance services are provided globally.
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About Cadeler

Cadeler is a company based in Copenhagen (Denmark) founded in 2008. It operates as a Professional Services, and Managed Services. The company has 659 employees as of December 31, 2024. Cadeler has completed 1 acquisition, including Eneti. Cadeler offers products and services including WTG Installation, Monopile Foundations, Operations & Maintenance, and Accommodations. Cadeler operates in a competitive market with competitors including SkySpecs, DNV, Alpiq, GEV Wind Power and Muehlhan, among others.

  • Headquarter Copenhagen, Denmark
  • Employees 659 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Cadeler A/S
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $254.55 M (USD)
    133.11
    as on Dec 31, 2024
  • Net Profit
    $66.67 M (USD)
    476.08
    as on Dec 31, 2024
  • EBITDA
    $126.83 M (USD)
    197.7
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
    BW Group

    & 1 more

  • Employee Count
    659

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Cadeler

Cadeler is a publicly listed company on the OSL with ticker symbol CADLR in Norway, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: CADLR . Sector: Producer manufacturing · Norway

Products & Services of Cadeler

Cadeler offers a comprehensive portfolio of products and services, including WTG Installation, Monopile Foundations, Operations & Maintenance, and Accommodations. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Wind turbine generators are installed for offshore farms.

Monopile foundations are provided for offshore wind structures.

Maintenance services are offered for offshore wind turbines.

Accommodation support is provided for offshore project teams.

People of Cadeler
Headcount 10000+
Employee Profiles 9
Board Members and Advisors 4
Employee Profiles
People
Jacob Heinricy Jensen
COO
People
Mikkel Gleerup
CEO
People
Jacob Gregersen
Chief Commercial Officer
People
Peter Brogaard Hansen
CFO

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Board Members and Advisors
people
Andrea Abt
Director
people
Andreas Sohmen-Pao
Chairman
people
Jesper T. Lok
Director
people
Ditlev Wedell-Wedellsborg
Director

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Funding Insights of Cadeler

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (29 Apr 2021)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2024 Amount Post-IPO - Cadeler Valuation

investors

Apr, 2021 Amount Post-IPO - Cadeler Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cadeler

Cadeler has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BW Group and Scorpio Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Offshore transportation of crude oil and natural gas is managed.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cadeler

Cadeler has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Eneti. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Marine renewable energy services are provided globally by Eneti.
2013
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Cadeler

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cadeler Comparisons

Employees
+
Add Comparison
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Competitors of Cadeler

Cadeler operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SkySpecs, DNV, Alpiq, GEV Wind Power and Muehlhan, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
UAV solutions for inspecting hard-to-reach structures are provided.
domain founded_year HQ Location
Offshore classification, training, advisory, and analytics services are provided.
domain founded_year HQ Location
Energy trading, asset management, and renewable solutions are provided.
domain founded_year HQ Location
Offers turbine blade maintenance services
domain founded_year HQ Location
Provider of surface protection and industrial services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cadeler

Frequently Asked Questions about Cadeler

When was Cadeler founded?

Cadeler was founded in 2008 and raised its 1st funding round 13 years after it was founded.

Where is Cadeler located?

Cadeler is headquartered in Copenhagen, Denmark.

How many employees does Cadeler have?

As of Dec 31, 2024, the latest employee count at Cadeler is 659.

What is the annual revenue of Cadeler?

Annual revenue of Cadeler is $254.55M as on Dec 31, 2024.

What does Cadeler do?

Cadeler is recognized as a global leader in the offshore wind industry, specializing in the construction, maintenance, and decommissioning of wind farms. Services provided include the installation of wind turbine generators, monopile foundations, operations and maintenance, and accommodation support for offshore projects. The company operates across multiple regions, including Europe, Asia-Pacific, and the United States, contributing to renewable energy solutions. Projects are undertaken in collaboration with major industry players like Siemens Gamesa, Ørsted, and Vattenfall. Cadelers expertise is applied to some of the largest and most innovative offshore wind farms globally, supporting the transition to sustainable energy sources.

Who are the top competitors of Cadeler?

Cadeler's top competitors include SkySpecs, Alpiq and DNV.

What products or services does Cadeler offer?

Cadeler offers WTG Installation, Monopile Foundations, Operations & Maintenance, and Accommodations.

Is Cadeler publicly traded?

Yes, Cadeler is publicly traded on OSL under the ticker symbol CADLR.

How many acquisitions has Cadeler made?

Cadeler has made 1 acquisition, including Eneti.

Who are Cadeler's investors?

Cadeler has 2 investors. Key investors include BW Group, and Scorpio Group.

What is Cadeler's ticker symbol?

The ticker symbol of Cadeler is CADLR on OSL.

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