Solon receives 2 concrete takeover bids


Citing company sources, tomorrow’s issue of Germany’s Tagesspiegel is expected to report that two concrete bids have been submitted from interested investors, says provisional liquidator of Solon, Rüdiger Wienberg.

As has already been reported, one of the offers has come from Indian-Arabic company, Microsol, which has said that it wants to take over the majority of the photovoltaic company. The second offer, says Tagesspiegel, has come from the U.S. While no names have been given, the investor is said to be interested in certain, individual parts of Solon’s business.

Negotiations are predicted to begin next week.

Overall, Solon, which is headquartered in Berlin, Germany, has around 500 employees and two manufacturing plants. It filed for insolvency in December.

Text translated by Becky Stuart.

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Your email address will not be published.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.