TPI Composites Inc. Releases Pro Forma Financials Following Sale of Turkish Subsidiaries in M&A Transaction

TPI Composites Inc. has released unaudited pro forma condensed consolidated financial statements following the completion of a significant transaction on September 10, 2025. The company finalized the sale and transfer of its ownership interests in two subsidiaries, TPI Kompozit Kanat Sanayi ve Ticaret Anonim Şirketi and TPI Kompozit Kanat 2 Üretim Sanayi ve Ticaret Limited Şirketi, collectively known as TPI Türkiye. This transaction included the sale of two wind blade manufacturing facilities and a field service inspection and repair business in Izmir, Türkiye. The pro forma financial statements, prepared in accordance with Regulation S-X Article 11, are intended for informational purposes and reflect the removal of TPI Türkiye’s operations, assets, and liabilities from TPI Composites’ financials. The statements highlight a preliminary gain resulting from the transaction, though actual results may vary. TPI Türkiye formed a significant part of TPI Composites’ EMEA segment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TPI Composites Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-005918), on September 16, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here