Carlyle Group to sell Germany's Flender to Triton Partners

Carlyle Group Inc

Carlyle Group Inc

CG

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June 3 (Reuters) - Carlyle CG.O said on Wednesday it agreed to sell mechanical drive systems provider Flender to Triton Partners in a deal between equity firms.


  • The terms of the transaction have not been disclosed

  • The transaction is expected to be completed in the fourth quarter of 2026

  • Germany-based Flender is a supplier of gearboxes, couplings and generators for industrial and wind power applications with more than 8,000 employees in 34 countries

  • Triton Partners' expertise in the energy industry includes current and previous investments in companies such as RENK, Trench and FairWind

  • Bloomberg reported on Tuesday Triton was nearing $3.5 billion deal for Flender, which Carlyle bought from Siemens SIEGn.DE in 2021


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