Is Flender a Siemens company?
ZURICH (Reuters) – Siemens has completed the sale of its Flender mechanical and electrical drive systems business to Carlyle Group for an enterprise value of 2.025 billion euros ($2.41 billion), the German engineering company said on Wednesday.
What is Flender gearbox?
Turbo gearboxes from Unique and reliable: the Flender works in Illkirch-Graffenstaden develops and produces high-precision turbo gearboxes. Our gearboxes are capable of transmitting the power of an ocean liner with the precision of clockwork. We produce tooth modules that fulfill our customers’ specific requirements.
Why did Siemens sell Flender?
As previously announced, the sale of Flender results in a disposal gain of a euro amount in the mid-triple-digit millions for Siemens AG. “The sale of Flender is another step in executing our strategy for enabling Siemens to become a focused technology company,” said Ralf P.
Who bought Flender?
The Carlyle Group
Back in October, Siemens and The Carlyle Group announced the agreement to sell Flender to Carlyle. This transaction has now been officially completed. With the so-called “Change of Control”, Flender is no longer part of Siemens AG and Carlyle has become our new owner, with immediate effect.
When did Siemens buy Flender?
Munich, Germany, 29 October 2020 – Global investment firm The Carlyle Group (NASDAQ: CG) today announced that it has agreed to acquire Flender GmbH, a market leader in mechanical and electrical drive technology, from Siemens AG for €2 billion. Further details of the transaction were not disclosed.
What is a disadvantage of helical gears?
Some of the disadvantages of helical gears are they are less efficient then spur gears due to tooth slippage. The diagonal profile of the teeth is what causes the slippage and also leads to axial thrust on the shaft. It is important to choose a bearing that can withstand the axial thrust generated by the gears.
What are the disadvantages of bevel gears?
Some of the disadvantages of bevel a gear is they are difficult to assemble due to the changeable operating angle. The shafts also experience a large force, so like helical gears, it is important to ensure the bearing can withstand the force.
Who invented bevel gears?
Gleason Works built this 24″ bevel gear planer in 1907. Because of their conical shape, bevel gears are more complicated to design and manufacture than standard cylindrical gears.