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SOLON makes investment in electronics service provider
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SOLON AG für Solartechnik is acquiring a 41 percent interest in
ml&s GmbH & Co. KG, a full-service provider to the electronics
industry. It is purchasing this stake by acquiring the stock held by
two existing shareholders with the value of the deal undisclosed. The
investment follows a planned expansion of the photovoltaic module
production capacities of SOLON's Greifswald-based subsidiary SOLON Nord
GmbH.
Formed in 2002, ml&s GmbH & Co. KG, employs over 300 people and provides manufacturing and logistics services and produces made-to-order electronic appliances and systems for a number of sectors. The companies have been successfully collaborating for several years on the manufacture of photovoltaic modules.
