GES Deutschland has taken control of the service organization of PowerWind, a Germany-based wind turbine supplier.
Wind energy systems services provider GES Deutschland’s takeover of the service operations of PowerWind is effective as on 1 November 2012.
Operations as well as associated employment contracts have been transferred to GES Deutschland.
PowerWind CEO Dieter Dehlke noted that of all entities interested in this particular service organization, GES Deutschland GmbH was able to submit the most convincing overall concept.
"Staff structures of both PowerWind and GES match together well, which is why I see enormous potential for these two entities jointly expanding their position on the market," Dehlke said.
GES Deutschland CEO Peter Grosch plans to retain and later expand the service business.
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By GlobalData"We concerned ourselves intensively in the past weeks with the PowerWind service organization, and we are convinced this is a sound investment.
"We see lots of good potential, and we seek to benefit from PowerWind staff’s experience and know-how," Grosch added.
Meanwhile PowerWind has divested a major share of inventories, production-related assets and production IP rights to the RK Wind company in India.
