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In September 2019, CastleMill completed the acquisition of Manor Renewable Energy, a leading supplier of temporary power solutions to the offshore windfarm industry based in Portland, UK. The transaction allowed the founding management team to realise value creation whilst putting in place the people, processes and capital to achieve the next stage of the company's growth.
CastleMill helped Manor expand its services taking it from its home site and 1 offshore vessel to 4 UK-wide sites and a fleet of 4 vessels, as well as securing global contracts in Europe and the Far East delivering over £30 million in annual turnover.
Manor was acquired by global offshore services supplier OEG in January 2022 in its largest deal to expand into the rapidly growing offshore wind industry with Manor operating as a standalone unit.
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