Fernweh Group Expands Global Footprint with Strategic Acquisition of Sun Industrial Group by Calvin Power Services

MM
Michelle Dawn Mooney
Mar 3, 2024
Calvin Power Services Fernweh Group Michelle Dawn Mooney Sun Industrial Group Sun Industrial Group acquisition

 

What does the Fernweh Group’s acquisition of Sun Industrial Group by Calvin Power Services suggest about the evolving landscape of the energy and industrial sectors?

Energy Sector Reporter Michelle Dawn Mooney finds the Fernweh Group’s latest maneuver indicative of a more significant trend towards consolidation in service-focused businesses within these sectors. She underscores the significance of this strategic move by quoting Jared “Smiley” Smith, President of SIG: “The combination of Sun Industrial Group with Calvin Power signifies the next great chapter in this customer-focused business. We are excited about the service opportunities with marquee clients and sharing our knowledge and experience with other Calvin Power businesses in the future.”

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