on Schletter International B.V. (isin : NO0012530973)
Enstall Expands into Germany with Acquisition of Schletter
Amsterdam, Netherlands and Kirchdorf, Germany – Enstall, a global leader in rooftop solar mounting solutions, has announced the acquisition of Schletter Group, a provider of solar mounting systems based in Germany. While financial details remain undisclosed, Schletter’s shareholders, Avenue Capital Group and Robus Capital, will join Enstall as minority shareholders.
Founded in 1968, Schletter has supplied over 55 GWp of solar installations worldwide. The acquisition follows Enstall’s 2022 purchase by Blackstone and Rivean Capital, enhancing its presence in Germany and Central Europe.
Stijn Vos, CEO of Enstall, welcomed Schletter employees, praising the company’s reputation for quality and innovation. Florian Roos, CEO of Schletter, emphasized the shared commitment to sustainable solar energy and improving solar mounting systems.
The transaction is projected to conclude in the second half of 2024, after regulatory approvals. J.P. Morgan is serving as financial advisor to Schletter.
R. P.
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