# Flender completes acquisition of Moventas

Flender, a drive technology manufacturer based in Bocholt, Germany, has completed the acquisition of Finnish wind turbine gearbox manufacturer Moventas. The acquisition adds 3 GW of wind gearbox assembly capacity and expands Flender's service capabilities.

- Type: Acquisition
- Announced: 2022-04-28
- Where: Germany
- Status: completed
- Capacity: 3 GW of wind gearbox assembly capacity
- Products: wind turbine gearboxes
- 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)

## Sources

- [elektroniknet.de](https://www.elektroniknet.de/international/flender-completes-acquisition-of-moventas.195740.html), 2022-04-28: "Flender has completed the transaction to acquire Finnish wind turbine gearbox manufacturer Moventas."

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