Financial investor Granville Baird GmbH, based in Hamburg, acquired Meier Solar Solutions in the summer of 2008. Over the course of 2009, there was a legal dispute between the parties leading to the necessity of insolvency. The goal of the insolvency action is to allow the new owner to resume "healthy operations" and maintain the approximately 100 jobs in Bocholt/NRW and Rossla/Saxonia-Anhalt.
The head of Meier Solar Solutions, Florian von Gropper stated: "A bankruptcy situation has its benefits. Bad debts can be shaken off and the company can once again put its energy into its products and customers. Servicing and parts of supply can be thus safeguarded for the future."
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.