Announced
Completed
Financials
Tags
Majority
Acquisition
renewable power
Renewable Energy Equipment
Private
Single Bidder
Private Equity
United States
Friendly
Completed
Cross Border
Synopsis
AURELIUS, an asset management group, completed the acquisition of the renewable power systems and protection relays business of Woodward, an independent designer, manufacturer and service provider of control system solutions and components for the aerospace and industrial markets. “Both the RPS Business and the protection relays business are strong, and in growing markets. We look forward to working with the team to ensure a smooth transition and position the businesses as independent entities. Growing power demand and growth in the renewables industry will offer good growth opportunities going forward,” Gert Purkert, AURELIUS Executive Board Member.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.