Flender to acquire Eickhoff Wind Asia.

Flender, a supplier for mechanical and electrical drive systems, agreed to acquire Eickhoff Wind Asia, a wind gearboxes producer. Financial terms were not disclosed. “Next to scaling up quickly, it is key for the wind industry that its supply chain is sustainable, resilient, and affordable. A diversified global manufacturing and service footprint combined with a high degree of localization is key to achieve this. The acquisition is another strategic milestone to further expand our footprint based on the needs of our valued partners and the industry,” Andreas Evertz, Flender Group CEO.