# AURELIUS acquires Renewable Power Systems and Protection Relays from Woodward

AURELIUS Equity Opportunities acquired the Renewable Power Systems business and Protection Relays business from Woodward, Inc. The combined businesses have over 400 employees and generated about USD 80 million in sales in 2019.

- Type: Acquisition
- Announced: 2020-02-04
- Where: Kempen, Germany
- Status: announced
- Products: frequency converters for wind turbines, protection relays
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Aurelius Equity Opportunities](https://endata.com/companies/1328.md) (acquirer)
- [Woodward](https://endata.com/companies/3124.md) (target)

## Sources

- [noerr.com](https://www.noerr.com/en/press/noerr-advises-aurelius-on-the-takeover-of-two-business-units-from-major-us-group-woodward-inc), 2020-02-04: "Noerr has advised the listed private equity firm AURELIUS Equity Opportunities SE & Co. KGaA on the acquisition of the Renewable Power Systems (RPS) business and the Protection Relays business from NASDAQ-listed Woodward, Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.