# GRI Renewable Industries acquires majority stake in Reducel

GRI Renewable Industries acquired a majority stake in Reducel, a Spanish manufacturer of nacelle components for wind turbines, to expand its product portfolio.

- Type: Acquisition
- Announced: 2023-06-03
- Where: Zaragoza, Spain, Spain
- Status: announced
- Products: yaw rings, pitch plates, nacelle components for wind turbines
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [GRI Renewable Industries](https://endata.com/companies/18293.md) (acquirer)
- [Reducel](https://endata.com/companies/70649.md) (target)

## Sources

- [gri.com.es](https://www.gri.com.es/en/noticia/gri-renewable-industries-partners-with-reducel/), 2023-06-03: "GRI Renewable Industries... expands its product portfolio with the acquisition of a majority stake of Reducel, SL."

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