Announced
Synopsis
Trilantic Europe, a European private equity firm, agreed to acquire a 60% stake in AEROCOMPACT Group, a supplier of solar mounting solutions specializing in the development, production and distribution of substructures for mounting photovoltaic modules, from Mathias Muther, Aerocompact founders private foundation. Financial terms were not disclosed. "Our strong growth trajectory since the company was founded around ten years ago shows that there is enormous potential in our products and engineering services. The entry of Trilantic Europe opens up the opportunity to accelerate our growth plan to expand our international market presence and seek potential acquisitions even further. Thanks to the international reach of our new shareholder Trilantic Europe, both in the renewable energy sector and in the capital market, we can pursue this goal with full vigor. We are very pleased about this extremely positive milestone for our company," Mathias Muther, AEROCOMPACT Founder.
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