BayWa acquired National Solar Distributors.

BayWa, a leading global renewable energy developer, acquired National Solar Distributors, a Canadian solar distributor and service provider. Financial terms were not disclosed. Matthew Lannigan, Managing Director of National Solar Distributors commented, "Thanks to our clients, National Solar Distributors has been growing steadily since its inception. We look forward to integrating the knowledge of the experienced team at BayWa r.e. and their global buying power as we continue to scale our business. We believe this strategic move will bring great value to our customers."