At a Glance: Suzlon's public takeover of REpower Systems AG
Article from: OGEL 4 (2007), in Roundup of Articles
Introduction
In 2006 Suzlon, the world's fifth largest wind turbine manufacturer with EURO 6 billion market capitalization decided to accelerate its growth into the European wind energy market while enhancing its technical expertise. Prior to the transaction the India-based company was a pure wind player offering manufacturing, operations, maintenance, consultancy and R&D services to its first and foremost Asian customers. Being the market leader in Asia - that demands smaller generation systems for its remote areas - Suzlon was not able to compete in developed countries where market s ...