Headquartered in Germany Niestetal of SMA Solar Technology AG (SMA) today signed a final agreement for the acquisition of New Energy Co., Ltd. Jiangsu Zhao volts love cable (MeV bands of love ") 72.5% controlling stake. MeV bands of love is China's leading PV inverter manufacturers. SMA is expected to further consolidate its position as the industry leader in the world through this transaction fully into the fast-growing Chinese solar market. The same time, trillion volts love-and-sew will to enhance its market position in China.
This is the year's largest M & A cases in China's diy solar panels industry. The transaction represents the Ma Kai, the company has been engaged in core business: as a small number of core customers financial adviser on their behalf to implement the key cross-border M & A transactions, to consolidate customer's industry leadership, and significant shareholders value. Ma Kai, chairman Mr. Li Zhen said: "Mackay is proud to serve as the transaction When SMA exclusive financial advisor to the transaction once again proved Mackay's leading position in the field of new energy."
SMA how to build solar panels Technology is the world's largest PV inverter manufacturer, and 2011 sales of 1.7 billion euros. SMA is principally engaged in the development, production and sales of PV inverter. Management Group as a leading global provider of energy, SMA is committed to providing innovative key technologies for the future structure of electricity supply. SMA is headquartered in Germany the Niestetal of its operations in 21 countries around the world, covering all the world's major PV market.
Jiangsu Zhao volts bands of love New Energy Co., Ltd. is a leading Chinese manufacturer of photovoltaic inverters. The company is headquartered in Suzhou, Jiangsu Province, the provision of products and services ranging from small household photovoltaic systems across the megawatt-class large-scale photovoltaic power plants. MeV bands of love R & D center in Shanghai and Suzhou, and has sales and service offices in other cities in China, and has subsidiaries in Australia and Germany. MeV love-and-sew employs more than 450 employees worldwide and annual sales of about 250 million yuan in 2011.
Ma Kai, a Chinese business as the core global investment banking firm involved in mergers and acquisitions, corporate finance and direct investment business.Office and partner agencies in five continents, Ma Kai, 30 financial centers in 23 countries worldwide, provide our customers with professional investment banking and cross-border transactions.
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