On 30th September the Stowen Group was acquired by Star Capital. The Stowen Group will now join sister business Windhoist Group, acquired in August 2019, under the Star WindCo banner, creating a larger multi-service onshore and offshore renewables platform. The existing Stowen management team remain with the business to continue the overall group growth trajectory of the business.
Euan Lockhart CEO of Star WindCo said “This is a strategic investment for the group, to partner with Stowen to grow offshore O&M services. We are very excited to announce the addition of Stowen and welcome the management team of Matt Owen, Colin Stewart, and Kieron Ford to the group”.
Matt Owen, MD of Stowen said “We are delighted to choose Star WindCo as an investment partner for the future to continue the exciting growth trajectory of Stowen”.