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M&A 2016: Nordex and Acciona Windpower
23 March 2016Turbine maker Nordex always used to be seen as an acquisition target. But the German firm seized the initiative when it agreed to buy Acciona's wind turbine manufacturing arm, Acciona Wind Power (AWP), in October for €785 million ($880 million), in cash and shares.
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Nordex acquires Acciona Windpower for €785m
05 October 2015German wind turbine manufacturer Nordex has acquired Acciona Windpower from Spanish engineering firm Acciona for €785 million ($880 million).