
ZITON
Market leader in servicing offshore wind turbines the company’s jack-up ships are tailored to service and maintain offshore wind.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor | €0.0 | round | |
* | N/A | Acquisition | |
Total Funding | 000k |
DKK | 2020 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
% profit margin | (25 %) |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Company filings or news article
ZITON A/S operates as a specialized service provider for the offshore wind energy market, focusing on operations and maintenance (O&M) for wind farm owners and turbine manufacturers. The company’s core business revolves around providing jack-up vessels for major component replacements on offshore wind turbines, such as gearboxes, generators, blades, and transformers. ZITON delivers turnkey solutions that encompass maritime project planning, lift execution, specialized equipment, and skilled technicians, taking full responsibility as the sole contracting partner.
The company's history began in 2007 under the name Dansk Bjergning og Bugsering A/S, making it one of the early entrants into the offshore wind sector. In 2008, the jack-up operations were spun off into a new entity, DBB Jack-Up Services A/S. A significant rebranding occurred in June 2016 when the company became ZITON A/S, a move to signal its independence from the DBB group and its focused dedication to O&M services in the offshore wind industry. Over the years, ZITON has expanded its fleet and capabilities, establishing framework agreements with major industry players like Vestas, Siemens Gamesa, Ørsted, Vattenfall, and RWE. A pivotal moment came in September 2024, when Macquarie Asset Management announced its agreement to acquire ZITON from Permira Credit and other shareholders, a transaction that was completed in January 2025. This acquisition is intended to support the expansion of ZITON's fleet and services.
ZITON owns and operates the largest fleet of jack-up vessels dedicated to major component replacements in Europe, currently numbering six. This fleet provides the flexibility to service nearly every offshore wind farm in Northern Europe, handling turbines from 2 MW to 10 MW. The company's revenue is generated through these specialized vessel charter services and turnkey maintenance contracts. Its business model focuses on providing cost-effective and flexible solutions to reduce operational costs and minimize downtime for its clients. The company also offers decommissioning services for turbines, foundations, and meteorological masts. ZITON’s management team includes CEO Thorsten Jalk, who has been with the company since 2011 and has extensive experience in the offshore wind industry.
Keywords: offshore wind O&M, jack-up vessels, major component replacement, wind turbine maintenance, turnkey offshore solutions, vessel chartering, offshore energy services, wind farm services, turbine decommissioning, blade repair, offshore logistics, maritime project planning, wind turbine servicing, North Sea offshore wind, asset management for wind farms, renewable energy maintenance, Siemens Gamesa partner, Vestas service provider, Ørsted contractor, Vattenfall partner, Macquarie Asset Management