As the possible acquisition of Roth & Rau by Meyer Burger Technology continues, Jürgen Gutekunst of Gutekunst Holding and owner and manager of Rena bought a 15.06% share of Roth & Rau voting rights. Roth & Rau advised that upon the information its management board had received, the acquisition by Gutekunst stemmed from the business relationship he has participated in with the company in the development and marking of production technologies for crystalline and silicon solar cells.
Speculation had been arising to suggest that Rena was attempting to possibly throw its hat in the ring in to challenge the acquisition by Meyer Burger, but it seems that Rena is more interested in protecting its position then trying to outbid Meyer Burger. Roth & Rau confirmed this notion, advising that it does not see Gutekunst’s stake in the company as a grounds for a potential takeover bid.
Meyer Burger’s May 5 public takeover offer remains the only offer presented to the shareholders of Roth & Rau.