# Mavco Investments acquires Siemens Gamesa wind turbine business in India and Sri Lanka

Mavco Investments, part of the Murugappa family, has acquired Siemens Gamesa Renewable Energy's wind turbine generator business in India and Sri Lanka as part of a consortium led by TPG. Definitive agreements were signed on March 26, 2025.

- Type: Acquisition
- Announced: 2025-03-26
- Where: India and Sri Lanka, India
- Status: completed
- Products: wind turbine generators
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Siemens Gamesa Renewable Energy](https://endata.com/companies/3169.md) (target)
- [TPG](https://endata.com/companies/10791.md) (partner)
- [Mavco Investments](https://endata.com/companies/81138.md) (acquirer)

## Sources

- [legal.economictimes.indiatimes.com](https://legal.economictimes.indiatimes.com/news/corporate-business/cyril-amarchand-mangaldas-advises-mavco-on-siemens-gamesa-wind-turbine-acquisition/119816455), 2025-03-31: "Cyril Amarchand Mangaldas advised Mavco Investments on its acquisition of the Siemens Gamesa Renewable Energy’s wind turbine generator business in India and Sri Lanka."

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