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Moog acquires majority of wind turbine pitch control company Insensys
(16/02/2009)

Moog Inc. has acquired 70 percent of the stock of Insensys Ltd. for US$15.7 million in cash. As part of the transaction, Moog has an option to purchase the remaining 30 percent within one year. Insensys is a supplier of pitch control and rotor blade monitoring systems for wind turbines. Pitch control systems adjust the inclination angle of the blades, thus controlling the loads and efficiency of the turbine. With this acquisition, Moog will ha... [more]

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