GRI Renewable Industries completed the acquisition of a 45% stake in Windtechnic Engineering.

GRI Renewable Industries, a global manufacturer of towers, flanges, and castings for the wind energy sector, completed the acquisition of a 45% stake in Windtechnic Engineering, a company specializing in the design and construction of precast concrete structures for the wind energy sector. Financial terms were not disclosed. "With our entry into Windtechnic, we will expand GRI’s offerings to our clients and boost the company’s penetration into strategic markets such as Germany," Antonio Barbosa, GRI Renewable Industries CEO.