Allianz Capital Partners, the private equity arm of the German insurance company, and Apax Partners, a UK buy-out group, are selling Belgian wind turbine gearbox manufacturer Hansen Transmissions, to Suzlon Energy for €465m ($557m).

Suzlon Energy is the world's sixth largest wind turbine maker. One of its businesses in the Netherlands will buy the company.

Nicholas Lockley

Allianz

Suzlon Energy

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Allianz and Apax sell Hansen to Suzlon

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