Gibraltar Industries acquires SolarBOS to grow within renewable energy market

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On a trailing 12-month basis, SolarBOS reported a total revenue of US$13.5 million. Image: Chandra Marsono / Creative Commons

Building product manufacturer and distributor Gibraltar Industries has signed off on a deal to acquire SolarBOS, a California-based, privately-held provider of electrical balance of systems products for the US PV market.

On a trailing 12-month basis, SolarBOS reported a total revenue of US$13.5 million. The acquisition is expected to be accretive beginning in 2019 following integration in 2018.

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Gibraltar CEO Frank Heard said: “SolarBOS’ deep understanding of solar electric systems and high-voltage DC applications will expand our integrated solar racking and engineering solutions and provide complementary offerings to our existing customers.

“In line with our acquisition strategy, we expect the addition of SolarBOS to provide Gibraltar with a distinct competitive advantage and strengthen Gibraltar’s position in the US solar renewable energy market. We welcome the SolarBOS team to the Gibraltar family.”

8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.

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