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ersol Thin Film gains €48 million investment from Ventizz Capital

04 February 2008 | By Síle Mc Mahon | News > Market Watch

ersolVentizz Capital has acquired a near 50 pecent stake in ersol Thin Film GmbH for a cash investment of €48 million. The funds will be used for the further growth and technology development of ersol Thin Film’s amorphous silicon thin-film modules, the companies said.

“We are pleased to have been able to acquire Ventizz as a partner with its extensive PV know-how for the continued development of our thin-film activities. The Ventizz investment confirms the solidity and attractive development perspective of ersol Thin Film,” says Dr Claus Beneking, CEO of ersol AG.

“This commitment harmonises well with our investment focus. ersol Thin Film is a company with high technological expertise, promising growth perspectives and an excellent management. We are pleased to back ersol Thin Film in the expansion of its capacities. ersol Thin Film’s concept for the further development of silicon-based thin-film technology is impressive and offers excellent perspectives for long-term market success,” commented, Willi Mannheims, a member of the Executive Board of Ventizz Capital Partners Advisory AG.

 

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