Mathias Muther, the founder of Aerocompact, says a brand novel investment from private fairness agency Trilantic Europe will allow the Austrian mounting blueprint manufacturer to lengthen its global market presence.
Patrick Jowett
Aerocompact’s firm headquarters in Satteins, Austria
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Aerocompact’s firm headquarters in Satteins, Austria
Image: Aerocompact
London-basically based mostly Trilantic Europe has received a 60% stake in Austrian mounting blueprint dealer Aerocompact.
Aerocompact says the investment will tempo up its global teach realizing, leveraging its sturdy teach momentum and the quality of its photo voltaic mounting solutions.
“Our sturdy teach trajectory since the firm became founded spherical ten years ago reveals that there is astronomical capacity in our products and engineering services and products,” said Mathias Muther, the founder of Aerocompact, who retains a 40% stake in the firm. “The entry of Trilantic Europe opens up the chance to tempo up our teach realizing to lengthen our global market presence and glimpse capacity acquisitions even extra.”
The transaction is field to approval by the associated authorities. The monetary phrases of the deal have not been published.
Widespread whine material
“Now we hold been impressed by the quality of Aerocompact’s photo voltaic mounting solutions, the teach momentum shown across all its novel markets, and the enthusiasm and vision of the whole crew,” said Vittorio Pignatti-Morano, Trilantic Europe chairman. “By our partnership with Aerocompact, we are confident we can tempo up teach even extra and manufacture a basically global champion in the photo voltaic mounting dwelling, while furthermore delivering on our investment sustainability commitments.”
Aerocompact has ramped up manufacturing of PV substructures at a brand novel plant in Bulgaria. Its manufacturing line in Nüziders, Austria, which became mainly venerable for prototype construction, became shut down in consequence, the manufacturer said.
The firm’s products are currently installed in extra than 60 nations. It recorded roughly EUR 100 million ($108 million) of revenue for the first time in 2023.
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