Flender acquires wind turbine gearbox manufacturer Moventas

Wind Industry Profile of

Moventas worldwide installed base and multi-brand services further enlarge / The wide range of service offerings under the Winergy product brand / Additional manufacturing and service capacities

German drive specialist Flender has reached an agreement to acquire Finnish wind turbine gearbox manufacturer Moventas from investor N4 partners. The planned acquisition marks the next step in Flender’s growth strategy after progressing into independence last year. Integrating Moventas’ engineering and service capabilities will further foster Flender’s wind drives business under the successful Winergy product brand. The 22 GW of Moventas installed base, service know-how and multi-brand capabilities will be the lever for further growth in Winergy service... ... More: Official Press Release Flender

Keywords:

Flender, Moventas, acquisition, multi brand, service, gearbox, wind turbine, manufacturer, drive.. Germany, Finland, capabilities