Soltech Energy completed the acquisition of a 53% stake in 365 Energie Holding for $11m.

Soltech Energy, a supplier of energy and solar cell solutions, completed the acquisition of a 53% stake in 365 Energie Holding, a solar cell company, for $11m. "Our international expansion now begins, which is a fantastic milestone. 365zon is a market-leading solar energy company in the Netherlands with good profitability and which is perfectly positioned to meet the increased demand for solar energy as well as charging and storage solutions in the private housing market. We are very happy to have them on board and today the journey begins towards establishing Soltech's acquisition strategy in new geographical markets, without slowing down the acquisition rate in Sweden," Stefan Ölander, Soltech Energy CEO.