Solar cell and module manufacturer Solland Solar has announced that the company has been bought by its management. The sale was initiated by Delta management, and the move is intended to enable Solland to continue in its transition from a cell to a module manufacturer, having recently introduced its Sunweb module range. Delta had been looking for a buyer for Solland Solar since January 2011.
“Solland is now in a more flexible position in terms of attracting partnerships and finance,” commented Henk Roelofs, CEO of Solland Solar. “This is sure to accelerate the introduction of our unique high-efficiency Sunweb solar modules. By investing in marketing, sales, and production, Solland is able to cash in on the value of Sunweb® and strengthen its European market position.”