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

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