Vestas has agreed to acquire Availon, a leading European independent service provider headquartered in Rheine, Germany. With about 400 employees and a total capacity of more than 2.6 GW under service, Availon’s core market is in Germany, with notable service activities in Austria, Italy, Portugal, Spain, Poland, and the United States. The transaction is subject…
ZF acquires large gear and gearbox segment from Bosch Rexroth
As of December of this year, technology company ZF will officially take over the industrial gears and wind-turbine gearbox business from Bosch Rexroth AG. Various product lines will be brought together in the new ZF Industrial Gears business unit based in Witten, Germany. A total of 1,200 employees at Bosch’s U.S. and Beijing locations will officially join ZF.…
Vaisala supports SunEdison and TerraForm in $2.4B First Wind acquisition
Vaisala, a global leader in environmental and industrial measurement, played a critical role in supporting SunEdison and its power-plant holding company, TerraForm Power, in the $2.4 billion purchase of First Wind Holdings in late 2014. Prior to the acquisition of a large number of assets in any industry, it is imperative that the value of…