Moventas Gears Oy

Moventas Gears Oy specializes in gear manufacturing and service solutions for wind energy, providing innovative products that enhance operational efficiency and reliability in renewable energy applications. Moventas Gears Oy, established in 2005 in Jyvaskyla, Finland, is a prominent player in the wind energy sector, focusing on gear manufacturing and service solutions. In February 2022, the company was acquired by Flender GmbH from Clyde Blowers Capital, allowing Flender to enhance its wind drive business capabilities. The company's CEO is currently Arto Lahtela, with Jari Reponen also holding a leadership role.

Moventas has engaged in a total of 6 deals, with their latest funding round being a Buyout of EUR 100. 000 mn, raising the total amount to EUR 100. 000 mn as of the last recorded date in February 2022. Moventas Gears Oy is recognized for its specialized gear solutions and services targeted at the wind energy sector.

Their offerings include high-quality gear units and maintenance services designed to optimize the performance and longevity of wind turbines, ultimately supporting the transition to renewable energy. In the most recent fiscal year of 2023, Moventas Gears Oy reported a revenue of EUR 35,817,171. 30, with an EBITDA of EUR 6,842,362. 10.

The company operates on a subscription-based model, providing tailored solutions for clients across various tiers, ensuring flexible service access. Following its acquisition by Flender GmbH in April 2022, Moventas Gears Oy is set to enhance its product offerings and expand its production capabilities to better support the wind energy market. The recent funding will be directed towards strengthening their service and manufacturing networks to facilitate an assembly capacity of 3 GW, contributing to the ongoing energy transition efforts.