REpower sells logistics subsidiary

REpower sells logistics subsidiary    REpower Systems AG has sold the assets of its logistics subsidiary Windenergie Logistik GmbH (WEL) to Universal Windkraft Logistik GmbH.
   UWL is a subsidiary of the heavy goods transports company Universal Transport, based in Paderborn, Germany. The contract will take effect on April 1. WEL's estimated 30 employees will retain their jobs, with their contracts being transferred to UWL by April 1. Terms of the deal were not disclosed.
   REpower, a Hamburg, Germany-based wind turbine maker, acquired the major assets of its long-time logistics partner Schaumann in 2008 and incorporated them into WEL.
   'With the acquisition of this logistical partner, we secured transport capacities of great importance to us at the time,' said Gregor Gn'dig. REpower's chief operating officer, in statement. 'However, we have now decided not to expand the business area of heavy-duty transport, but rather to concentrate on our core expertise as a system supplier for wind power plants.'
   REpower will continue to work with UWL as a logistics partner.