Steelworld

Triton Partners to acquire Flender from Carlyle

Global investment firm Carlyle has entered into an agreement to sell Flender, a leading global provider of mechanical drive technology, to Triton Fund 6 advised by Triton Partners. The transaction, subject to customary regulatory approvals, is expected to close in Q4 2026.

Headquartered in Bocholt, Germany, Flender has more than 125 years of engineering expertise and is a leading supplier of gearboxes, couplings, and generators for industrial and wind power applications. With over 8,000 employees across 34 countries, the company plays a crucial role in supporting customers across industrial and renewable energy markets worldwide.

Since its carve-out from Siemens in 2021, Carlyle has partnered with Flender to strengthen its market position, expand its global footprint, and enhance its operational capabilities. Triton Partners, with its strong track record in industrial technology investments, aims to support Flender’s next phase of growth and innovation in the global power transmission and renewable energy sectors.