Silverton advises Solarwatt on the takeover of the core areas of the insolvent Centrosolar Group

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Silverton's advice was centred on financial due diligence, as well as cash-flow planning and valuation.

Solarwatt is a longstanding client of Silverton, who had already advised the company on the initiation of a risk management system and provided support for the operative restructuring carried out in house following its own insolvency proceedings.

Thoran Thegemey, co-founder and managing partner of Silverton, commented: "The successful takeover of the Centrosolar Group's European distribution activities is a major indication of the successful long-term restructuring of the company. It significantly strengthens Solarwatt's market position in Europe."