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GE Vernova acquires Woodward's gas turbine parts business

Mar 04, 2025•10 months ago

Acquiring Company

GE Vernova

Acquired Company

Woodward

BostonFort CollinsRenewable EnergyEnergyManufacturing

Description

GE Vernova Inc. has finalized its acquisition of Woodward Inc.’s gas turbine combustion parts business in Greenville. This acquisition aims to enhance GE Vernova's supply chain resilience and support its manufacturing strategy. The integration will also involve adding new experts to its team. Financial details of the deal have not been disclosed.

Company Information

Company

GE Vernova

Location

Boston, Massachusetts, United States

About

Building on over 130 years of experience, we are leading a new era of energy - electrifying the world while simultaneously working to decarbonize it GE Vernova is accelerating the path to more reliable, affordable, and sustainable energy, while helping our customers power economies and deliver the electricity that is vital to health, safety, security, and improved quality of life.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed