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Announced

Completed

Aurora Solar Technologies completed the acquisition of BT Imaging for $13m.

Financials

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Transaction Value£10m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Renewable Energy Equipment

Acquisition

Private

Australia

solar cells parts

renewable energy equipment

Single Bidder

Test Inspection and Certification (TIC)

vision inspection systems

Completed

Cross Border

Majority

Friendly

Synopsis

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Aurora Solar Technologies, a firm engaged in the delivery of inline process measurement, analysis, and control systems, completed the acquisition of BT Imaging, a manufacturer of solar cell inspection systems intended to assist in designing and producing solar modules, for $13m. “We are delighted to announce this strategic acquisition that strengthens and accelerates the commercial development of our process control and yield management solutions. Looking forward, our focus is to capitalize on this positive development by leveraging the two businesses and delivering our Insight data science product to the market, in order to drive growth and support our customers with an industry standard for yield management and process control systems," Gordon Deans, Aurora CEO.

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