M&A Deal Summary

Valoe Acquires UAB Soli Tek Cells - Solar Cell Production Business

On February 19, 2019, Valoe acquired renewable energy company UAB Soli Tek Cells - Solar Cell Production Business from UAB Soli Tek Cells

Acquisition Highlights
  • This is Valoe’s 1st transaction in the Renewable Energy sector.
  • This is Valoe’s 1st transaction in Lithuania.

M&A Deal Summary
Date 2019-02-19
Target UAB Soli Tek Cells - Solar Cell Production Business
Sector Renewable Energy
Buyer(s) Valoe
Sellers(s) UAB Soli Tek Cells
Deal Type Divestiture

Target

UAB Soli Tek Cells - Solar Cell Production Business

Lithuania
UAB Soli Tek Cells - Solar Cell Production Business is a production plant focused on manufacturing IBC and similar cells.

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Buyer(S) 1

Buyer

Valoe

Mikkeli, Finland
Category Company
Founded 1989
Sector Renewable Energy
Employees54
Revenue 2M EUR (2021)
DESCRIPTION

Valoe is a developer and seller of solar energy technology products. The company offers automated manufacturing plants and production lines for solar modules, conductive back sheets, back contact modules, solar power plants and systems, and module components. Valoe was founded in 1989 and is based in Mikkeli, Finland.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
Country (Lithuania) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

UAB Soli Tek Cells

Vilnius, Lithuania
Category Company
Sector Renewable Energy
DESCRIPTION

UAB Soli Tek Cells is focused on the manufacturing, selling, and delivering glass-glass PV solar panels, designed for rooftops.

DEAL STATS #
Overall 1 of 1
Sector (Renewable Energy) 1 of 1
Type (Divestiture) 1 of 1
Country (Lithuania) 1 of 1
Year (2019) 1 of 1
Mergr

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