Carlyle Sells Flender to Triton
2026-06-04 10:04
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en.Wedoany.com Reported - Global investment firm Carlyle has agreed to sell Flender to Triton Fund 6, which is advised by Triton Partners.

Carlyle sells Flender to Triton

Carlyle stated that the transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2026. The terms of the deal were not disclosed.

Headquartered in Bocholt, Germany, Flender is a supplier of gearboxes, couplings, and generators for industrial and wind power applications. The company employs over 8,000 people across 34 countries and holds a leading position in wind turbine drivetrain technology.

Carlyle acquired Flender from Siemens in 2021 and said it has worked with management to transform the company into an independent entity while expanding its global service network and manufacturing platform.

Andreas Evertz, CEO of Flender, expressed gratitude for the trust and support Carlyle provided in establishing Flender as a market leader, and also expressed delight in once again having Triton as a strong partner to jointly advance growth objectives. He believes that Triton's high level of commitment, strong network, and extensive experience demonstrated throughout the process represent the right next step for Flender.

Willi Westenberger, Managing Director of Carlyle's European Partners investment advisory team, and Janine Feng, Vice Chair of Carlyle Asia, stated that this investment supported Flender's transformation into an independent company. During the partnership, the business grew globally, including in China and India, repositioned itself as a service champion, and solidified its leadership in wind power and industrial drive technology.

Claus von Hermann, Managing Partner and Co-Head of Triton Mid-Market Fund, and Jaime Legeren, Investment Advisory Professional at Triton Partners, stated that Flender is central to Triton Partners' investment strategy and look forward to collaborating with management and employees to support Flender's next phase of growth.

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