Drive technology
Triton Partners takes over Flender
Global investment firm Carlyle has signed an agreement to sell Flender, a provider of mechanical drive technology, to Triton Fund 6, advised by Triton. The terms of the transaction were not disclosed and is expected to close in the fourth quarter of 2026.
Flender, headquartered in Bocholt, Germany, can look back on over 125 years of tradition in mechanical engineering. The company is a supplier of gearboxes, couplings and generators for a wide range of industrial and wind power applications. With more than 8000 employees in 34 countries, Flender maintains a global network for manufacturing, assembly and service and occupies an important position in drive technology for wind turbines. Since the carve-out of Flender from Siemens in 2021, Carlyle has worked closely with management to drive the company's successful transition to a standalone, independent business. During this time, the company has further strengthened its position in wind and industrial drive technology, expanded its global service network and made targeted investments in innovation and operational capabilities.
Triton Partners has many years of experience in implementing its value creation approach in companies in the industrial sector. This is supported by the Accelerator Unit, reportedly one of the largest value creation teams in the industry in Europe. Triton Partners is familiar with the wind and broader energy value chain as well as the industrial power transmission markets through current and previous investments, including Renk Group, Trench Group and Fairwind.
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