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N4 Partners to sell Moventas to Carlyle-backed Flender

Private equity firm N4 Partners (N4) is to sell wind turbine gearbox manufacturer Moventas to Flender, a global supplier for mechanical and electrical drive systems headquartered in Germany.

The deal will include Moventas’ 22GW of installed base and an additional 3GW of wind gearbox assembly capacities.

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