German drive manufacturer Flender has reached an agreement with Eickhoff to acquire Eickhoff Wind Asia Pvt Ltd (EWA) with its assembly plant in Walajabad Taluk, India.
Established October 1, 2020, in India, Eickhoff Wind Asia Pvt Ltd (EWA) specializes in the production of wind gearboxes. The facility has a test bench capacity up to 8 MW. It is in the greater Chennai area, close to Flender’s existing facility.
One of the pillars in Flender’s global footprint strategy is to expand and localize wind-turbine drive systems in India. Next to the investments in its own production sites in Kharagpur and Chennai, the acquisition of Eickhoff Wind Asia allows Flender to further scale up and accelerate in pace. This is required to meet the growing needs of the renewable energy transition.
“Next to scaling up quickly, it is key for the wind industry that its supply chain is sustainable, resilient, and affordable,” said Flender Group CEO Andreas Evertz. “A diversified global manufacturing and service footprint combined with a high degree of localization is key to achieve this. The acquisition is another strategic milestone to further expand our footprint based on the needs of our valued partners and the industry.”
“Together, we continue to provide the wind market with cutting-edge technologies and services,” said Aarnout Kant, president of wind at Flender. “Our partners will profit from increased capacity, availability and further reduced reaction times.”
More info www.flender.com/en
