Renusol is 100 percent owned by Centrosolar Group AG. The acquisition includes the American subsidiary Renusol America which is 100 percent owned by Renusol GmbH.
“With Renusol we gain over 15 years of expertise in the area of residential and commercial projects. This is a decisive step in our company growth and fits perfectly with our products and service portfolio. Renusol has proven, innovative and cost-effective solutions”, said RBI’s President Richard Reilly.
RBI Solar designs, engineers, manufactures and installs solar mounting systems for commercial and utility scale PV projects.
The acquisition continues RBI’s strategic focus on developing high-quality robust solar structures and engineered solutions to meet market requirements and needs on both a national and an international basis.
“The combination of RBI and Renusol is a significant milestone for our company," said Stefan Liedtke, Managing Director of Renusol GmbH. "The combination increases the resources to deliver innovative products and services in all areas, especially in the sector of ground mounting to our customers in Europe. With RBI’s multiple manufacturing facilities, two in the US and one in China we are now able to offer our innovative mounting solutions outside of Europe, so this is truly a win-win deal”.
Bill Vietas, General Manager RBI Solar, described the purchase as "a tremendous opportunity."
"Both companies have similar philosophies and we are incredibly energized and excited to utilize the synergies out of this merger into improving our products and services for our customers even further”, Vietas said.
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