N4 Partners announces deal to sell Moventas to Carlyle-backed Flender

February 10, 2022 | < 1 minute read

Glasgow, Thursday, 10 February 2022

N4 Partners (N4) has reached an agreement to sell wind turbine gearbox manufacturer Moventas to Flender, a leading global supplier for mechanical and electrical drive systems headquartered in Germany.

The deal will include Moventas’ 22GW of installed base and an additional 3GW of wind gearbox assembly capacities. 

Please click here to view the original press release. 

The deal is subject to regulatory approval by the relevant authorities and is expected to close in the summer of 2022.

ENDS.

For all media enquiries, please contact:

Tom Sutton
14:46 Consulting
tsutton@1446.co.uk  
+44 (0)7796474940

N4 Partners

©2021 N4 Partners

N4 Group Limited, registered in Scotland No SC661808, 310 St Vincent Street, Glasgow G2 5RG is authorised and regulated by the Financial Conduct Authority
N4 Advisory Limited is an appointed representative of Mirabella Advisers LLP, which is authorised and regulated by the Financial Conduct Authority
N4 Partners LLP, registered in Scotland No SO306848, 310 St Vincent Street Glasgow G2 5RG
N4 Advisory Limited, registered in Scotland No SC602758, 310 St Vincent Street, Glasgow G2 5RG