Merger • Renewable Energy

Nclave Acquires Grupo Clavijo

On March 1, 2017, Nclave acquired renewable energy company Grupo Clavijo

Acquisition Context

This is Nclave’s 2nd transaction in the Renewable Energy sector.
This is Nclave’s 2nd transaction in Spain.

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M&A Deal Summary
Date	March 1, 2017
Target	Grupo Clavijo
Sector	Renewable Energy
Buyer(s)	Nclave
Deal Type	Merger

Target Company

Grupo Clavijo

Viana, Spain

Grupo Clavijo is a provider in the solar tracking system in Latin America, USA, and in the MENA region and has production plants and offices in Chile, USA, Brazil, and Australia. Grupo Clavijo is based in Viana, Spain.

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Buyer Overview 1

Buyer

Nclave

Madrid, Spain

Category	Company
Founded	2017
Sector	Renewable Energy

DESCRIPTION

Nclave is a designer, manufacturer, installation and maintenance of solar trackers and fixed-tilt structures worldwide. Nclave was founded in 2017 and is based in Madrid, Spain.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Renewable Energy	2 of 2
Type: Merger	2 of 2
Country: Spain	2 of 2
Year: 2017	2 of 2

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-03-01	MFV Solar Valencia, Spain MFV Solar is a designer, manufacturer and installation of structures and trackers for the solar photovoltaic market.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-03-01

MFV Solar

Valencia, Spain

MFV Solar is a designer, manufacturer and installation of structures and trackers for the solar photovoltaic market.

Buy

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