Kalyani to buy German wind firm
The Kalyani Group, which controls the world’s second-largest forging company, Bharat Forge, today stepped up its presence in the fast-growing wind power sector with the acquisition of Germany’s wind turbine maker RSBconsult GmbH. A spokesperson declined to reveal the size of the deal or the investment vehicle, citing a non-disclosure agreement between the companies. “We are already present in the wind energy sector, both as a wind farm operator as well as a supplier of components. The group, therefore, is ideally positioned to further enhance its role in this sector as a wind turbine manufacturer,” said B N Kalyani, chairman, Kalyani Group, about the acquisition.
