RBI Solar signed an agreement to acquire Renusol GmbH, one of the PV industry’s leading solar mounting specialists for residential and commercial projects in Europe and in the United States.
Renusol is 100% owned by Centrosolar Group AG. The acquisition includes the American subsidiary Renusol America, which is 100% owned by Renusol GmbH.
The acquisition continues RBI’s strategic focus on developing high-quality robust solar structures and engineered solutions to meet market requirements and needs on both a national and an international basis.
“With Renusol we gain more tahn 15 years of expertise in the area of residential and commercial projects,” said Richard Reilly, RBI’s President. “This is a decisive step in our company growth and fits perfectly with our products and service portfolio. Renusol has proven, innovative and cost-effective solutions.”
RBI Solar designs, engineers, manufactures and installs solar mounting systems for commercial and utility scale PV projects.
“The combination of RBI and Renusol is a significant milestone for our company,” said Stefan Liedtke, Managing Director of Renusol GmbH. “The combination increases the resources to deliver innovative products and services in all areas, especially in the sector of ground mounting to our customers in Europe. With RBI’s multiple manufacturing facilities — two in the United States and one in China — we are now able to offer our innovative mounting solutions outside of Europe, so this is truly a win-win deal.”
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