Roth & Rau, technology and product subsidiary of PV equipment specialist Meyer Burger, is to be renamed to bring it further into the fold of the parent company.
Acquired in 2011 but keeping the name of the original German company which founded it until now, Roth & Rau’s tech and production centres carry out R&D activities and manufacture equipment for the PV industry, incorporating a competence centre for coating technologies.
Recent Roth & Rau achievements include supplying Hanwha Q Cells with manufacturing lines for PERC (Passivated Emitter Rear Cell) solar cell technology from September 2014.
Roth & Rau, which will now be known as Meyer Burger (Germany) AG, had been streamlined over time by the parent company. Around 120 jobs are thought to have been lost at Roth & Rau under plans to streamline around CHF12 million (US$12.5 million) from its costs, which were announced by Meyer Burger in mid-2014. Later that year the tech subsidiary delisted itself from the Frankfurt Stock Exchange.
Roth & Rau – Ortner, a further subsidiary which makes automation equipment for PV and other high tech industries, has been sold by Meyer Burger to HAP Holdings, an investment company run by a German regional bank, Landesbank Baden-Wuerttemberg. Yet another Roth & Rau subsidiary, Roth & Rau BV, based in the Netherlands, specialising in inkjet and plasma stripping as well as depositing systems, will remain part of the Meyer Burger, renamed Meyer Burger (Netherlands) BV.