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Announced

Completed

Schaeffler completed the acquisition of solar farm in Kammerstein from BayWa.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Private

Renewable Energy Equipment

Domestic

Friendly

Germany

solar farms

Majority

Completed

Single Bidder

Synopsis

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Schaeffler, an automotive industry company, completed the acquisition of solar farm in Kammerstein from BayWa, a renewable energy company. Financial terms were not disclosed. “The acquisition of the solar farm in Kammerstein is another important achievement in the implementation of our sustainability roadmap, which we are pursuing successfully and with great determination,” Klaus Rosenfeld, Schaeffler CEO.

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