M&A Deal Summary

Trina Solar Acquires Solland Solar Cells BV

On February 23, 2016, Trina Solar acquired renewable energy company Solland Solar Cells BV

Acquisition Highlights
  • This is Trina Solar’s 2nd transaction in the Renewable Energy sector.
  • This is Trina Solar’s 1st transaction in the Netherlands.

M&A Deal Summary

Date 2016-02-23
Target Solland Solar Cells BV
Sector Renewable Energy
Buyer(s) Trina Solar
Deal Type Add-on Acquisition

Target

Solland Solar Cells BV

Heerlen, Netherlands
Solland Solar Cells BV is a solar cell manufacturing company.

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Buyer(S) 1

Buyer

Trina Solar

Changzhou, China

Category Company
Founded 1997
Sector Renewable Energy
Employees43,031
Revenue 113.4B CNY (2023)
DESCRIPTION

Trina Solar is a provider of photovoltaic modules, solutions and services. Trina Solar was founded in 1997 and is based in Changzhou, China.


DEAL STATS #
Overall 4 of 5
Sector (Renewable Energy) 2 of 3
Type (Add-on Acquisition) 1 of 2
Country (Netherlands) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-08 Shuntai Leasing

China

Shuntai Leasing (Changzhou) Co. Ltd. is one of the financing institutions under Changzhou Hi-Tech group and was the first leasing company in Changzhou High-tech Industrial Park. It specializes in the leasing of a full range of equipment and has different programs designed to fit differing customer needs. The company has built a new platform for enterprises in Changzhou to raise funds and has optimized financing channels in Changzhou City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-21 Nclave

Madrid, Spain

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.

Buy -