Powerway Group acquires Berkenhoff

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Powerway Group Co., has announced that its parent company has acquired Berkenhoff GmbH.

Boviet Solar USA, a subsidiary of Powerway Group Co., has announced that its parent company has acquired Berkenhoff GmbH.

Berkenhoff GmbH — a 125-year-old company — is noted for its high-tech precision wire manufacturing services and generated over US$100 million in sales last year. The acquisition serves as a way for Powerway to expand its presence across the globe.

Powerway stands as a conglomerate company with six industrial divisions and a staff of 4,600. The company posted global sales of over US$1 billion last year.

Read Next

July 29, 2021
Meyer Burger has revealed plans to launch a solar roof tile product, expanding its rooftop solar product range.
July 12, 2021
Elon Musk and Tesla’s court case regarding its acquisition of solar installer SolarCity has got underway in the US this week, with shareholders of the energy and automotive company alleging that fiduciary duties were breached when the deal was agreed.
July 9, 2021
Corporate funding in the global solar sector in the first half of 2021 was up almost threefold year-on-year, according to a new report from Mercom Capital Group.
July 6, 2021
Certification company Applus+ has completed its acquisition of Enertis, a Spain-based engineering, consulting and inspection services provider focused on the solar PV sector.
July 5, 2021
Private equity firm EQT has struck a deal to acquire US-based solar and storage developer Cypress Creek Renewables from investment firms HPS Investment Partners and Temasek.
June 30, 2021
Israeli IPP Enlight Renewable Energy announced an agreement to acquire 90% of US solar and storage developer Clēnera for US$433 million

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021