# Flender acquires Moventas wind turbine gearbox manufacturer

German drive specialist Flender reached an agreement to acquire Finnish wind turbine gearbox manufacturer Moventas from investor N4 partners. The acquisition was announced on February 10, 2022.

- Type: Acquisition
- Announced: 2022-02-10
- Where: Finland
- Status: announced
- Capacity: 3 GW wind gearbox assembly capacity
- Products: wind turbine gearboxes, generators, couplings, integrated drivetrains
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Flender](https://endata.com/companies/7181.md) (acquirer)
- [Moventas](https://endata.com/companies/30257.md) (target)
- [N4 partners](https://endata.com/companies/60978.md) (investor)

## Sources

- [nawindpower.com](https://nawindpower.com/flender-acquires-moventas-wind-turbine-gearbox-manufacturer), 2022-02-10: "Moventas is a well-known brand in the wind industry."

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