SSB Group

SSB Group is a German company specializing in advanced wind energy technology, focusing on electrical pitch systems for wind turbines, crucial for enhancing energy efficiency and operational reliability in renewable energy. SSB Group, founded in 1970 in Germany, specializes in wind energy systems. The company has undergone strategic changes, including the acquisition of SSB Wind Systems by Emerson Electric in November 2009. It was previously involved in the sale of SSB Duradrive in February 2013.

The firm has participated in 5 deals, with its most recent deal occurring on January 27, 2016. The latest funding round was a Buyout, amounting to EUR 11. 00 mn from investor Granville, which is also the total amount raised by the company. Nidec SSB Wind Systems specializes in advanced technology for wind energy solutions, offering electrical pitch systems that range in capacity from 750 kW to 15 MW.

Their core product line includes pitch control systems, switchgear, and control cabinets designed for both onshore and offshore wind applications. The company provides comprehensive services, including training and maintenance, to enhance the operational efficiency and longevity of their products. Nidec SSB Wind Systems serves a diverse clientele, including wind farm operators and energy service providers across North America, Europe, and Asia, ensuring high-quality components supported by industry certifications such as UL/CSA for North America. Nidec SSB Wind Systems operates mainly on a B2B transaction structure, engaging directly with wind energy operators and service providers.

Their revenue for the most recent year, 2017, was EUR 50. 22 mn, with an EBITDA of EUR 0. 93 mn. The revenue model includes the sale of components, integrated systems, and ongoing maintenance contracts, ensuring sustained support and system optimization throughout the lifecycle of their installations.

SSB Group aims to expand its product offerings by introducing new technologies and systems for wind energy applications. The company is targeting growth in North America and Asia by 2025, leveraging recent funding of EUR 11. 00 mn to support these initiatives. This funding will assist in enhancing their technological capabilities and expanding their market reach, ensuring they remain competitive in the evolving renewable energy sector.