Announced
Financials
Sources
Tags
Single Bidder
Friendly
Private
solar panels
commercial energy solutions
Netherlands
Renewable Energy Equipment
Cross Border
Majority
Acquisition
Pending
Synopsis
DCC, an international sales, marketing, and support services group, agreed to acquire PVO International, a distributor of solar panels, invertors, batteries and accessories used in the commercial, industrial and domestic energy sectors across continental Europe. Financial terms were not disclosed. "A key part of DCC Energy's strategy in accelerating the net zero journey of our customers is to build a strong position in the sales, marketing and distribution of renewable energy products and services. We have already made good progress in recent years and PVO provides an excellent platform to build a pan-European business in the distribution of solar PV and associated products, such as energy storage and EV chargers. We are delighted to welcome the PVO team into the DCC Group and look forward to supporting their continued growth and development into the future," Donal Murphy, DCC CEO.
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