Journalists stand in front of a screen showing Flender products during a media tour in Hanover, Germany, March 30, 2025. REUTERS
June 3 (Reuters) – Carlyle said on Wednesday it agreed to sell mechanical drive systems provider Flender to Triton Partners in a deal between equity firms.
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The terms of the transaction have not been disclosed
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The transaction is expected to be completed in the fourth quarter of 2026
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Germany-based Flender is a supplier of gearboxes, couplings and generators for industrial and wind power applications with more than 8,000 employees in 34 countries
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Triton Partners’ expertise in the energy industry includes current and previous investments in companies such as RENK, Trench and FairWind
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Bloomberg reported on Tuesday Triton was nearing $3.5 billion deal for Flender, which Carlyle bought from Siemens in 2021
Reporting by Linda Pasquini Editing by Ludwig Burger
