Latham & Watkins Advises Triton Partners on Acquisition of Flender

Latham & Watkins LLP has advised Triton Partners, a leading European mid-market sector‑specialist investor, on the acquisition of Flender from global investment firm Carlyle. Flender is a global market leader in mechanical drive technology, providing gearboxes, couplings, and generators for a broad range of industrial and wind power applications. The transaction is subject to customary regulatory approvals and is expected to close in Q4 2026.

Latham & Watkins regularly advises Triton Partners on transactions, including the sale of FläktGroup, the sale of ADIA, and the investment of Stonepeak in IFCO, as well as RENK’s listing on the Frankfurt Stock Exchange.

The Latham team was led by Frankfurt Private Equity partners Leif Schrader and Oliver Felsenstein, with counsel Katharina Intfeld and associates Jaschar Mirkhani, Jan Gocha, Astrid Preuss, Dominique Brieger, and Sara Collorio. Advice was also provided on antitrust matters by Brussels partner Philipp Studt and London partner Ludmilla Le Grand, with associates Jörn Kramer and Meera Manoj; on intellectual property matters by Frankfurt partner Susan Kempe‑Müller, with associate Karolin Borcherding; on banking and private credit matters by Frankfurt partner Alexandra Hagelüken, with counsel Cora Grannemann and Rainer Adlhart and associate André Traute; on tax matters by Munich partner Stefan Süß; on employment matters by Munich partner Tobias Leder, with associate Julian Traub; on real estate matters by counsel Sven Nickel, with associate Marie-Christine Welp; on data law matters by associate Clemens Ganz; and on regulatory matters by associate Maxim Glusdak.