Meier Solar Solutions finds new investor 2 days after opening insolvency proceedings


Japanese solar machine builder, NPC Inc., has said it will take over the company: of particular interest are Meier’s Bocholt and Roßla production locations, which NPC has said it wants in order to further develop its market position.

Meier had to declare itself insolvent on July 2, after a lawsuit arose between the company and financial investor, Granville Baird, located in Hamburg, during the course of last year. It was reported that Granville Baird broke the terms of their agreement. The company took over Meier in the summer of 2008.

According to Bloomberg, NPC will spend €8.8 million (USD$11 million) in acquiring Meier.

Popular content

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:


Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

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.