# Suzlon Energy to sell 75% stake in Suzlon Generators to Voith Group

Suzlon Energy approved the sale of its 75% equity holding in subsidiary Suzlon Generators Ltd to Voith Turbo Pvt Ltd or its associates, expected to close by September 30, 2021.

- Type: Acquisition
- Announced: 2021-07-01
- Where: Chakan, Pune, Maharashtra, India
- Status: announced
- Products: hi-tech generators for wind turbine generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Suzlon Energy](https://endata.com/companies/21370.md) (partner)
- [ELIN Motoren](https://endata.com/companies/44117.md) (partner)
- [Suzlon Generators Ltd](https://endata.com/companies/56185.md) (target)
- [Voith Turbo Pvt Ltd](https://endata.com/companies/56186.md) (acquirer)

## Sources

- [tndindia.com](https://www.tndindia.com/suzlon-energy-to-sell-complete-stake-in-subsidiary-to-voith-group/), 2021-07-01: "Suzlon Energy expects the transaction to close by Q2 of FY22, which is by September 30, 2021."

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