US-based TPI Composites has acquired a 20-strong team of blade experts from Euros, the Germany-based operation itself owned by struggling turbine OEM Senvion.
TPI – which describes itself as the only global independent blade-maker – said the addition of the “experienced and skilled” Berlin-based engineering team will add to its capabilities in “blade design, tooling, materials and process technology development”.
Financial terms were not disclosed.
Senvion bought Euros in 2016, including the blade-maker’s production sites in Poland.
The OEM has since run into difficulties, culminating in it entering insolvency under self-administration earlier this year.
That sent ripples along the Senvion supply chain – not least to TPI itself, which in May confirmed a $12m first-quarter loss after a “disappointing and extraordinary” first quarter in which it was hit by the backdraft from the troubles afflicting the German OEM, which is one of its customers.
Senvion is currently understood to be in talks over potential new investment.
