# Woodward to divest heavy duty gas turbines combustion parts business to GE Vernova

Woodward has signed a definitive agreement to sell its heavy duty gas turbines combustion parts business in Greenville, S.C. to GE Vernova. The transaction is expected to close in early 2025.

- Type: Acquisition
- Announced: 2023-06-30
- Where: Greenville, S.C., United States
- Status: announced
- Products: heavy duty gas turbines combustion parts
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Woodward](https://endata.com/companies/3124.md)
- [GE Vernova](https://endata.com/companies/2947.md) (acquirer)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.elp/article/gnwcq-2024-11-18-woodward-signs-agreement-to-divest-its-heavy-duty-gas-turbines-combustion-parts-business-based-in-greenville-sc-to-ge-vernova), 2023-06-30: "This targeted transaction is good for our customer and members and will allow us to focus resources on products that will drive the most value as part of Woodward."

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