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Senvion Deutschland GmbH Überseering 10 22297 Hamburg, Germany http://www.senvion.com/gmbh/de
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Senvion Deutschland GmbH

REpower acquires remaining shares of PowerBlades

(PresseBox) (Hamburg/ Bremerhaven/ Wiesbaden, )
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- SGL Rotec sells 49% stake to REpower
- Further growth in the offshore sector

Effective from December 31, 2011, REpower Systems SE has acquired by purchase the remaining 49% stake in PowerBlades GmbH from SGL Rotec GmbH & Co. KG, a majority company of SGL Group. PowerBlades, headquartered in Bremerhaven, was founded in 2007 as a joint venture for the production of rotor blades for wind turbines. Since the beginning of the cooperation, REpower has held 51% of PowerBlades GmbH while SGL Rotec had 49% of the shares. The transaction is subject to the usual antitrust approval.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.