Netherlands-based Enstall, a top provider of rooftop solar mounting solutions, has announced its acquisition of Schletter Group, a German supplier of solar mounting systems. Financial details of the transaction were not disclosed. Schletter’s shareholders, Avenue Capital Group and Robus Capital, will become minority shareholders in Enstall, joining existing investors Blackstone and Rivean Capital to support the company’s strategic goals. Founded in 1968 and based in Kirchdorf, Germany, Schletter has provided over 55 GW of solar installations worldwide. The acquisition, pending regulatory approval, is expected to finalize in late 2024 or early 2025. J.P. Morgan is advising Schletter on the deal. According to Enstall, this partnership will drive innovation and expand its global product and digital solutions portfolio.
Schletter joins Enstall, boosting solar mounting solutions
Enstall’s acquisition of Schletter is set to close by late 2024 or early 2025, pending regulatory approvals. (Image Credit: Enstall)
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