# Fortum TGS completes acquisition of Generator Service Sweden AB's business

Fortum Turbine and Generator Services (TGS) has completed the acquisition of Generator Service Sweden AB's (GSS) business, a third-party maintenance and repair service provider specializing in generator stator winding and core stacking services. The acquisition strengthens Fortum TGS's position in northern Europe.

- Type: Acquisition
- Announced: 2022-08-01
- Where: Västerås, Sweden, Sweden
- Jobs: 18
- Status: completed
- Products: generator stator winding and core stacking services
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Fortum Turbine and Generator Services](https://endata.com/companies/64455.md) (acquirer)
- [Generator Service Sweden AB](https://endata.com/companies/64456.md) (target)

## Sources

- [fortum.com](https://www.fortum.com/en/media/2022/08/fortum-turbine-and-generator-services-completes-gss-acquisition), 2022-08-01: "The investment strengthens our position in providing full-scope generator services in our main markets in northern Europe and accelerates the realization of the growth strategy for Turbine and Generator Services business."

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